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Kaiser Corporation LtdImportant, 25-06-2026: Company Update

25-06-2026 | 10:18 pm

Kaiser Corporation's proposed amalgamation with Emazing Deals has been halted by BSE. The stock exchange returned the draft scheme, citing non-compliance with a key requirement. BSE noted that the combined shareholding of pre-scheme public shareholders and Qualified Institutional Buyers in the merged entity's post-scheme structure would be less than the mandatory 25%. Kaiser Corporation is now examining BSE's observations and will consult its advisors to determine the next steps, affecting the merger's timeline and strategic plans.

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