Pasupati Acrylon: Promoter Group Restructures via Amalgamation, Shareholding Consolidates
Pasupati Acrylon Limited has announced an inter-se change in the shareholding of certain promoter group entities due to a Scheme of Amalgamation. MVA Finance Private Limited, Inder Overseas Private Li...
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Why is Pasupati Acrylon Limited in the news today?
Pasupati Acrylon Limited (PASUPTAC) is in the news due to the announcement details a restructuring within the promoter group through an amalgamation. while it involves changes in shareholding entities, the aggregate promoter shareholding remains constant, indicating no immediate material change in control or overall ownership structure from the company's perspective.
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Pasupati Acrylon: Promoter Group Restructures via Amalgamation, Shareholding Consolidates
December 26, 2025, 12:21 PM
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Pasupati Acrylon Limited has announced an inter-se change in the shareholding of certain promoter group entities due to a Scheme of Amalgamation. MVA Finance Private Limited, Inder Overseas Private Limited, and Nityanand Exports and Consultants Company Private Limited (Transferor Companies) have been amalgamated with Arihant Exports Private Limited (Transferee Company), another promoter group entity.
This amalgamation was sanctioned by the National Company Law Tribunal (NCLT), New Delhi Bench, on 23rd September 2025. The Registrar of Companies, New Delhi, has approved the relevant E-Forms, and the status of the transferor companies has been updated to 'Amalgamated' in the Ministry of Corporate Affairs records.
As a result of this scheme, the shares of Pasupati Acrylon Limited previously held by the transferor companies have been consolidated and transferred to the demat account of Arihant Exports Private Limited. Specifically, MVA Finance Private Limited transferred 1,44,450 shares (0.16%) on 26th December 2025, Inder Overseas Private Limited transferred 10,00,000 shares (1.12%) on 23rd December 2025, and Nityanand Exports and Consultants Company Private Limited transferred 6,380 shares (0.01%) on 23rd December 2025.
Consequently, the shareholding of Arihant Exports Private Limited in Pasupati Acrylon Limited has increased from 46,27,867 shares (5.19%) to 57,78,697 shares (6.48%). The transferor companies will cease to exist as part of the promoter group, reducing the total number of promoter and promoter group members from 14 to 10. However, the aggregate shareholding of the promoter and promoter group in Pasupati Acrylon Limited remains unchanged at 65.87% in both number and percentage terms. Pasupati Acrylon Limited itself is not a direct party to this Scheme of Amalgamation.
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