Kiran Vyapar Ltd — Important, 25-04-2026: Company Update

Kiran Vyapar Limited's promoter group has undergone a restructuring. Placid Limited, holding 92,38,132 equity shares (33.86%) in Kiran Vyapar, has amalgamated with Maharaja Shree Umaid Mills Limited (MSUM) following an NCLT-approved scheme. Consequently, Placid Limited stands dissolved, and its shares in Kiran Vyapar are transferred to MSUM. This increases MSUM's total shareholding in Kiran Vyapar to 1,49,30,532 equity shares, representing 54.72% of the paid-up capital. MSUM will now become the holding company. This internal promoter group transaction has no impact on Kiran Vyapar's management or control.