The Board of Directors of the Company at its Meeting held on 15th July, 2024, subject to requisite approvals/consents, approved the Scheme of Amalgamation of Popular Mercantile Private Limited ('Popular', 'Transferor Company'), a wholly owned subsidiary of the Company, having its Registered Office at C/o Suresh Goel and Brother, New Timber Market, Fafadih, Raipur (Chhattisgarh)- 492001 with the Company and their respective Shareholders ('the Scheme') under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
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