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Board approved scheme of amalgamation for merger of Aditya Ultra Steel Limited into VMS TMT Limited, with share exchange ratio of 75 VMS shares for every 100 AUSL shares, subject to NCLT/SEBI approvals. The merger consolidates two TMT bar manufacturers under Kamdhenu brand across Gujarat, combining 300+ dealers and 308,000 tonnes annual capacity.
VMS TMT and Aditya Ultra Steel Merger to Create ₹1,250 Crore Turnover Entity
VMS TMT Promoter Group Sunny Singhi Acquires 2.66% Stake from Varun Jain
VMS TMT Promoter Rishabh Singhi to Buy 2.66% Stake from Varun Jain at ₹45/Share