Rudra Ecovation Limited has achieved a significant milestone in its merger proceedings as the National Company Law Tribunal (NCLT) Chandigarh Bench-I admitted the second motion petition for its proposed merger with Shiva Texfab Limited. The company announced this development through a regulatory filing under SEBI Regulation 30 on 11.04.2026.

NCLT Approval Details

The Hon'ble National Company Law Tribunal, Chandigarh Bench-I, Chandigarh formally admitted the second motion petition on 10.04.2026. This admission marks a crucial step forward in the merger process between Rudra Ecovation Limited and Shiva Texfab Limited.

Company Information

Rudra Ecovation Limited, formerly known as Himachal Fibres Limited, operates from its registered office at Plot No. 43-44, Industrial Area, Barotiwala-174103 (HP). The company maintains its corporate office at 4th Floor, Wood Stock Tower, B-35/958, Adarsh Nagar, Ferozepur Road, Opposite Waves Mall, Ludhiana-141012, Punjab.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nancy Singla, Company Secretary cum Compliance Officer, signed the regulatory filing digitally on 11.04.2026 at 11:08:10 +05'30'.

The admission of the second motion petition represents progress in the corporate restructuring initiative, bringing the merger process closer to completion. This development follows the established legal framework for corporate mergers under the Companies Act and NCLT procedures.

Rudra Ecovation Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 6, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Details

The certificate was submitted in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary cum Compliance Officer Nancy Singla signed the submission on behalf of Rudra Ecovation Limited, formerly known as Himachal Fibres Limited.

Registrar Confirmation

Beetal Financial & Computer Services (P) Ltd., serving as the company's SEBI-approved Registrar and Share Transfer Agent, issued the compliance certificate on April 3, 2026. The registrar confirmed that all securities received from Depository Participants for dematerialization during the quarter were properly processed.

General Manager Punit Mittal signed the certificate on behalf of Beetal Financial, confirming compliance with key regulatory requirements:

• Securities received for dematerialization were confirmed to depositories
• Security certificates were mutilated and cancelled after verification
• Depository names were substituted in the register of members within 15 days
• Securities remain listed on stock exchanges where earlier issued securities are listed

Company Information

Rudra Ecovation Limited operates from its registered office at Plot No. 43-44, Industrial Area, Barotiwalla, Himachal Pradesh, with corporate offices in Ludhiana, Punjab. The company maintains its listing compliance through regular submissions to BSE Limited at Phiroze Jeejeebhoy Towers, Mumbai.

The quarterly certificate submission represents part of the company's ongoing regulatory compliance framework, ensuring transparency in share transfer and dematerialization processes for stakeholders and regulatory authorities.