The Board of Directors of JK Tyre & Industries has approved the scheme of amalgamation with Cavendish Industries Limited. Effective December 22, 2025, Cavendish Industries will be merged into JK Tyre. December 24, 2025, is the record date for determining shareholders eligible to receive equity shares. Following the merger, Cavendish Industries will cease to exist.
Amalgamation Approved
The Board of Directors of JK Tyre & Industries Ltd. has approved the scheme of amalgamation with Cavendish Industries Limited. This decision was made at a board meeting held on November 28, 2025.
Key Dates
The effective date of the scheme is set for December 22, 2025, operative from April 1, 2025. The record date for determining the shareholders of Cavendish Industries eligible to receive equity shares in JK Tyre & Industries is December 24, 2025.
Post-Amalgamation Status
Upon the scheme’s effective date, Cavendish Industries Limited will be fully amalgamated into JK Tyre & Industries Limited and will cease to exist.
Source: BSE