Taaza International informs about outcome of board meeting
Taaza International has informed that the Board of Directors of Keto Motors at its meeting held on Tuesday, 31.03.2026 at 3:00 pm at the Registered Office of the Company, allotted 5,60,47,800 equity shares (in exchange of 3,73,65,200 equity shares of Rs 10 each held by the shareholders of the Transferor Company as on the date of 30.03.2026) of Rs 10 each pursuant to the Scheme of Arrangement between Keto Motors (Transferor Company) and Taaza International (currently known as Keto Motors Limited - Transferee Company) as per the Resolution Plan approved by Hon’ble NCLT, Hyderabad Bench vide Order dated 12.06.2025 in the ratio of 3:2 (i.e., 3 (Three) Equity shares of face value of Rs 10 each of Taaza International (currently known as Keto Motors - Transferee Company) allotted for every 2 (Two) Equity shares of face value Rs 10 each held by members in the Keto Motors - Transferor Company).
The above information is a part of company’s filings submitted to BSE.
