The Peria Karamalai Tea & Produce Company Limited (PKTEA)
Maharaja Shree Umaid Mills Limited acquired a 39.4268% equity stake, totaling 12,20,606 shares, in The Peria Karamalai Tea & Produce Company Limited. This acquisition occurred through an amalgamation scheme where Placid Limited, the transferor, ceased to exist effective April 25, 2026.
Apr 27 2026 20:04:00
The Peria Karamalai Tea & Produce Company Limited (PKTEA)
The Peria Karamalai Tea & Produce announces NCLT approval for the amalgamation of promoter group entities, Placid Limited and Maharaja Shree Umaid Mills Limited (MSUM), effective April 25, 2026. This makes MSUM the new holding company with 43.34% equity shareholding, with no change in the listed entity's management or control.
Apr 27 2026 15:04:00
The Peria Karamalai Tea & Produce Company Limited (PKTEA)
The Peria Karamalai Tea & Produce acquired shares of Maharaja Shree Umaid Mills Limited (MSUM) as part of an NCLT-approved amalgamation scheme. MSUM reported a turnover of ₹599.88 crores and net profit of ₹45.51 crores for FY25, highlighting its operations in Textile, Renewable Energy, and Financing & Investment.
Apr 25 2026 21:04:00
The Peria Karamalai Tea & Produce Company Limited (PKTEA)
The Peria Karamalai Tea & Produce's promoter group, Maharaja Shree Umaid Mills Limited, became the holding company post-amalgamation, increasing its shareholding to 51.66%. The NCLT approved the scheme, effective April 25, 2026.
Apr 25 2026 21:04:00
The Peria Karamalai Tea & Produce Company Limited (PKTEA)
The Peria Karamalai Tea & Produce's promoter group, Maharaja Shree Umaid Mills Limited, became the holding company post-amalgamation, increasing its shareholding to 51.66%. The NCLT approved the scheme, effective April 25, 2026.
Apr 25 2026 21:04:00
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