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

Kiran Vyapar Limited's promoter group experienced a significant shareholding change. Following an NCLT-approved amalgamation, Placid Limited merged with Maharaja Shree Umaid Mills Limited (MSUM). Consequently, Placid Limited, which held 33.86% (92.38 lakh shares) in Kiran Vyapar, has been dissolved, and its shares transferred to MSUM. This increases MSUM's total holding in Kiran Vyapar to 54.72% (1.49 Cr shares), making MSUM the new Holding Company. The company clarified this internal promoter group restructuring will not impact its management or control.