Ahluwalia Contracts (India) Limited — JV/Acquisition, 16-02-2026: Amalgamation/Merger

Ahluwalia Contracts (India) will amalgamate with its five wholly-owned subsidiaries: Dipesh Mining, Jiwanjyoti Traders, Paramount Dealcomm, Premsagar Merchants, and Splendor Distributors. This move aims to streamline the corporate structure, consolidate assets, boost operational efficiency, and optimize costs, enhancing long-term shareholder value.

Since these are fully-owned entities, no new shares will be issued by Ahluwalia Contracts, meaning no dilution for existing shareholders. The integration is set to be effective from April 1, 2026, pending NCLT sanction. The process is streamlined, being exempt from typical stock exchange approvals for such wholly-owned subsidiary mergers. Ahluwalia Contracts has a strong net worth exceeding INR 1,800 Cr.