Rapicut Carbides Limited has announced a board meeting approving the Scheme of Amalgamation with United Wolfram Private Limited, subject to shareholder and regulatory approvals.

The merger aims to unify operations, streamline governance, and integrate tungsten powder manufacturing with carbide product fabrication, enhancing supply chain stability amid global constraints.

The combined entity will leverage Rapicut’s 48 years of market presence to expand international sales and optimize project execution.

Post-merger, United Wolfram shareholders will receive 3.31 Cr equity shares of Rapicut, boosting promoter holding from 40.46% to an estimated 91.69%, reflecting a significant consolidation of ownership.