Amalgamation/Merger

Belrise Industries (BIL) is merging with Badve Autocomps (BAPL) and Eximius Infra Tech (EIL). This consolidation aims to simplify the group structure, reduce related-party transactions, and boost scale and competitiveness in automotive components through operational and financial synergies.

BAPL shareholders will receive 140 BIL shares (₹5 FV) for every 1 BAPL share (₹10 FV). EIL shareholders will get 10 BIL shares (₹5 FV) for every 135 EIL shares (₹10 FV). This merger will result in a slight dilution of public shareholding in BIL from 33.54% to 32.08%, positioning the combined entity for enhanced value capture.