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Future Market Networks Limited ( (IN:FMNL) ) has provided an announcement.
Future Market Networks Limited has informed the stock exchanges that, following in-principle approvals from BSE and NSE, it has filed an application with the National Company Law Tribunal’s Mumbai Bench for the merger of Metawear Limited into Future Market Networks Limited under the relevant provisions of the Companies Act, 2013. The company has stated it will keep the exchanges updated on subsequent developments regarding the merger scheme, signaling a formal progression of the transaction through the regulatory approval process and potential future implications for shareholders once the scheme is considered by the tribunal.
More about Future Market Networks Limited
Future Market Networks Limited is a publicly listed Indian company whose shares trade on both the BSE (Scrip Code: 533296) and NSE (Ticker: FMNL), operating within the broader corporate and financial markets ecosystem and subject to SEBI’s listing and disclosure regulations.
Average Trading Volume: 8,140
Technical Sentiment Signal: Sell
Current Market Cap: 490M INR
Find detailed analytics on FMNL stock on TipRanks’ Stock Analysis page.