Umang Dairies Limited
Code: UMANGDAIRY | Category: Demerger
Type: Scheme of Arrangement
Event Details
| Announcement Date: | June 17, 2025 |
|---|
Demerger Information
| Resulting Entity: | Panchmahal Properties Limited |
|---|---|
| Demerged Business: | Dairy Business Undertaking |
| Demerger Ratio: | 1:9 |
| Listing Exchange: | BOTH |
| Record Date: | 2025-06-27 |
| Appointed Date: | 2023-04-01 |
| Effective Date: | 2025-06-17 |
| Board Approval: | 2024-09-20 |
| Shareholder Approval: | 2024-08-03 |
| NCLT Approval: | 2025-06-17 |
| Status: | Effective |
Rationale
To separate the dairy business from the parent company for better focus and management.
Document
View PDF https://nsearchives.nseindia.com/corporate/UMANGDAIRY_17062025210036_UDL_Intimation_regarding_Scheme.pdfDocument
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