Merger pending: being absorbed into Lodha Developers Limited

National Standard (India) Limited · NATIONSTD · IN

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Details

The company is being merged into Lodha Developers Limited under a scheme of amalgamation. Swap ratio: 9 Lodha Developers Limited shares for every 100 shares of this company. Until the merger completes, the share price mainly follows Lodha Developers Limited's price times the swap ratio, so price-based measures such as the fall from the 52-week high do not reflect the company's own business.

Source Scheme of amalgamation (manual)

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