Cyber Media Research & Services Limited — JV/Acquisition, 11-11-2025: Amalgamation/Merger

Cyber Media (India) Ltd (CMIL) announced its board approved the merger of Cyber Media Research & Services Ltd (CMRSL) into CMIL. This move consolidates digital marketing with media publishing, aiming to become a 'one-stop-shop' for marketing solutions. Goals include driving synergies, optimizing costs, boosting market cap, and enhancing overall shareholder value. CMRSL shareholders get 35 CMIL shares for every 80 CMRSL shares, gaining improved liquidity on CMIL's main board. Post-merger, CMIL's public shareholding will increase to 49.87%, with promoter holding adjusting to 50.13%. The merger requires shareholder and NCLT approvals.