Rudra Ecovation Limited has announced the newspaper publication of its proposed merger with Shiva Texfab Limited, marking a significant corporate development for the company formerly known as Himachal Fibres Limited.

Merger Details and Regulatory Compliance

The company has fulfilled its regulatory obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 47. The notice pertains to the hearing of a joint company petition filed under Sections 230 & 232 of the Companies Act, 2013, along with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016.

Publication Details

The merger notice was published across multiple newspapers to ensure wide public awareness:

• English: Financial Express (Page 27)
• Hindi: Dainik Bhaskar, Himachal Pradesh Edition
• Punjabi: Ludhiana Bani, Ludhiana Edition (Page 2)

All publications appeared on Tuesday, April 28, 2026, as required under applicable regulations.

Company Information

Rudra Ecovation Limited operates with the following corporate details:

Legal Framework and Process

The merger process follows the structured legal framework established under Indian corporate law. The joint petition seeks sanction for the scheme of amalgamation, which will be heard by the National Company Law Tribunal at its Chandigarh bench.

Company Secretary cum Compliance Officer Nancy Singla signed the notice, confirming the company's commitment to regulatory compliance throughout the merger process. The notice serves to inform stakeholders and the general public about the upcoming proceedings.

Next Steps

The hearing scheduled for May 22, 2026, will be crucial for determining the approval of the merger scheme. Stakeholders and interested parties can access detailed information about the proceedings through the company's official channels and regulatory filings.

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.