Amalgamation/Merger

Roto Pumps' Board has approved the merger of its wholly-owned subsidiary, Roto Energy Systems (RESL), into Roto Pumps (RPL). The objective is to simplify the group structure, reduce costs, and improve operational efficiencies by integrating RESL's solar pumping business, which significantly overlaps with RPL's infrastructure.

RESL has a turnover of ₹0.57 Cr and net worth of ₹1.61 Cr.

As RESL is a wholly-owned subsidiary, no new shares will be issued by RPL, ensuring no change or dilution in the existing shareholding pattern.

The merger is subject to necessary approvals.