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Pakka Ltd ( (IN:PAKKA) ) has shared an announcement.
Pakka Limited has received approval from the National Company Law Tribunal (NCLT) in Allahabad for the first motion petition regarding the merger of its wholly-owned subsidiary, Pakka Impact Limited, with itself. This approval marks a significant step in the company’s strategic plan to consolidate its operations, potentially strengthening its market position and operational efficiency. The company will proceed with the necessary steps to obtain final approval for the merger, which is expected to have implications for its stakeholders.
More about Pakka Ltd
Pakka Limited is a company based in India, primarily involved in the industry of manufacturing and services. Its market focus includes the integration and amalgamation of its subsidiaries to streamline operations and enhance market positioning.
Average Trading Volume: 9,988
Technical Sentiment Signal: Sell
Current Market Cap: 4.75B INR
See more insights into PAKKA stock on TipRanks’ Stock Analysis page.