Citizen Infoline Ltd — Others, 29-07-2025: AGM/EGM

Citizen Infoline Limited has announced an equity shareholder meeting to approve its amalgamation with Citizen Solar Private Limited. This strategic merger aims to consolidate operations, enhance financial scale, and expand market reach, specifically in the solar sector. Shareholders of Citizen Solar will receive 11 new shares of Citizen Infoline for every 1 share held. Following the merger, Citizen Infoline Limited's name will change to Citizen Solar Limited. The company anticipates significant operational synergies and long-term value creation from this integration. The promoter group's shareholding in the combined entity will increase from 34.77% to 53.49%, affecting public shareholding.