Author: Nishtha Mehrotra | EQMint

 

Synopsis:

 

 

• • Rudra Ecovation has fixed November 6, 2026, as the record date for share allotment under its amalgamation with Shiva Texfabs.

• • Eligible shareholders will receive 0.213 Shiva Texfabs shares for every Rudra Ecovation share held.

• • Rudra Ecovation shares will cease to be tradable after the record date, while new shares remain frozen until BSE listing and trading approval.

Rudra Ecovation Limited has fixed November 6, 2026, as the record date for determining eligible shareholders under its amalgamation with Shiva Texfabs Limited.

 

Under the approved scheme, shareholders will receive 0.213 equity shares of Shiva Texfabs, with a face value of ₹10 each, for every one Rudra Ecovation equity share of ₹1 held. For example, 1,000 Rudra Ecovation shares would translate into 213 Shiva Texfabs shares.

 

The scheme has an appointed date of April 1, 2025, and became effective on October 23, 2026, according to the supplied update.

 

Rudra Ecovation shares will no longer be tradable after the record date. The newly allotted Shiva Texfabs shares will remain frozen until their listing on the BSE and receipt of trading permission.

 

As of October 23, 2026, Rudra Ecovation shares were trading at ₹19.00, down 0.63%, according to the supplied market update.

 

Shareholders should monitor official company and exchange disclosures for confirmation of the allotment and listing timeline. The ₹10 face value of Shiva Texfabs shares does not indicate their eventual market price.

 

Source: sqst.in/8iaRm

 

Disclaimer: This article is for information purposes only and is not investment advice.

 

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