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India Radiators Ltd — Important, 15-10-2025: Company Update
15-10-2025 | 04:13 pm
15-10-2025 | 04:13 pm
India Radiators announced a major step forward for its proposed amalgamation with Mercantile Ventures Limited. The company received a 'No Adverse Observation' letter from BSE regarding the scheme. This crucial clearance indicates that the stock exchange has no issues impacting listing requirements, enabling India Radiators to now file the amalgamation scheme with the National Company Law Tribunal. This brings the merger closer to execution, streamlining the process for shareholders.
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