Birla Cable Limited — JV/Acquisition, 21-03-2026: Amalgamation/Merger

Birla Cable Limited will merge into Vindhya Telelinks Limited, aiming to consolidate manufacturing, enhance market presence, and streamline operations for greater efficiency. This creates a stronger entity, better positioned for large infrastructure projects with an improved balance sheet. Birla Cable shareholders will receive 10 Vindhya Telelinks shares for every 115 shares held. The merger will slightly dilute existing Vindhya Telelinks' promoter stake, increasing public ownership. This strategic move is subject to statutory, regulatory, and public shareholder approvals.