Cosmic CRF Board Approves ₹96 Crore Share Swap For NS Engineering Takeover

Board approved preferential share-swap issuance of 7,25,041 shares at Rs 1,330 each to acquire the remaining 26% of N.S. Engineering Projects, making it a wholly owned subsidiary. Members will vote on SME-to-mainboard migration and raising borrowing limits from Rs 200 Cr to Rs 1,000 Cr, alongside Rs 1,000 Cr investment/guarantee limits. Context: completes the move to full ownership and advances the pending mainboard migration.