Panther Industrial Products Ltd — Important, 08-04-2026: Company Update

Panther Industrial Products' board has approved a scheme to amalgamate the company with Shivang Edibles Oils. This merger aims to consolidate businesses, optimize synergies, and strengthen the combined entity. Panther Industrial, with a turnover of 0.20 Cr, will merge into Shivang Edibles, which has a turnover of 359.95 Cr (as of 31.03.2025). The strategic move includes reviving Panther, improving financial metrics, and diversifying operations. Shareholders of Panther will receive 1 Shivang Edibles share for every 19 Panther shares held. This scheme is subject to necessary statutory and regulatory approvals.