Anka India Limited's board has in-principle approved the amalgamation of its wholly-owned subsidiary, Futech Internet Private Limited, with itself.

Futech reported a revenue of 12.96 Cr for the year ending March 31, 2025. This strategic merger is designed to consolidate operations, achieve economies of scale, reduce costs, and strengthen the combined entity's market position.

Importantly, no new shares or cash will be exchanged, ensuring Anka India's shareholding pattern remains unchanged.

This move aims to enhance shareholder value and streamline business.