ALPHA TRIBE

National Standard (India) LtdOthers, 11-08-2025: Others

11-08-2025 | 07:40 pm

NATIONAL STANDARD (INDIA) LIMITED has updated its Scheme of Merger with Lodha Developers Limited. The Board has approved a revised plan that now excludes Sanathnagar Enterprises Limited from the absorption. Importantly, this change does not impact or affect shareholders of NATIONAL STANDARD (INDIA) LIMITED. The previously determined share exchange ratio, verified by independent valuers and merchant bankers, remains unchanged. The merger still requires approvals from shareholders, creditors, and regulatory bodies like the National Company Law Tribunal.

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