Rudra Ecovation Ltd — Important, 23-02-2026: Company Update

Rudra Ecovation Limited's unsecured creditors have unanimously approved the scheme of amalgamation with Shiva Texfabs Limited. An NCLT-convened meeting, held via video conference, facilitated e-voting for the merger plan. Creditors, through remote and meeting e-voting, cast valid votes totaling 21.14 Crore, with 100% in favor of the scheme. This overwhelming support marks a significant step forward for the proposed amalgamation, signaling strong creditor confidence in the company's restructuring efforts.