Lyka Labs Limited - Amalgamation/Merger

16 Aug 2022 , 12:00 AM

With respect to above we wish to inform you that Lyka Exports Limited a subsidiary, is amalgamating with its holding Company w.e.f. 1st April, 2022 (Appointed Date). We provide following documents for your processing our application for amalgamation viz:1. Scheme of Amalgamation.2. Board Resolutions passed by Board of Directors of Lyka Exports Limited and Lyka Labs Limited approving scheme of amalgamation of Lyka Exports Limited with Lyka Labs Limited. 3. Valuation Report provided by Bhavesh M. Rathod- Registered Valuer.4. Fairness Opinion regarding Valuation of Shares and Exchange Ratio provided by Kunvarji Finstock Private Limited- SEBI Registered Category I Merchant Banker. 5. Audit Committee Report.6. Auditors Certificate under section 133 of the Companies Act, 2013 provided by M/s. D. Kothary & Co, Chartered Accountants, for accounting treatment to be given in the proposed amalgamation separately for Lyka Labs Limited and Lyka Exports Limited.Limited has informed the Exchange about Amalgamation/Merger