RR MetalMakers India Limited has announced the withdrawal of its merger proposal with RKB Global Limited.

Previously, the company had in-principle approved this merger with RKB Global, an unlisted entity promoted by RR MetalMakers' own promoters.

However, RKB Global Limited has now communicated its decision to withdraw from the proposal after considering various factors.

As a result, the merger plan, which would have consolidated the company with a promoter-owned entity, will no longer proceed.

This update impacts the company's future structural and operational outlook for shareholders.