The Board of directors of the company accorded to the Amalgamation of RmKV Fashion Garment Pvt. Ltd. with RmKV Fabrics Pvt. Ltd. with effect from 1st April 2022, subject to the approval of shareholders, sanction of the National Company Law Tribunal ("NCLT") under Sections 230 to 240 of the Companies Act, 2013 and other approvals, consents, permissions, sanctions etc. if any, required from any statutory authorities.
The notice issued to Secured and Unsecured creditors related to the merger are as follows: