Kiran Syntex Ltd — Important, 30-06-2026: Company Update

Kiran Syntex has announced that its board approved a merger with Gujarat Kiran Polytex. This strategic move aims to achieve business efficiency and economies of scale, as both companies operate in the textile sector. For 2025-26, Kiran Syntex reported revenue of 14.89 Cr and Net Worth of 1.93 Cr. Gujarat Kiran Polytex had revenue of 29.63 Cr and Net Worth of 5.69 Cr. As per the exchange ratio report, Gujarat Kiran Polytex shareholders will receive 14.857 Kiran Syntex shares for every one share held. This merger will lead to a notable change in Kiran Syntex's shareholding pattern.