Chambal Breweries & Distilleries Ltd
Chambal Breweries Board Approves Amalgamation with Invade Agro
M&A
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 07 Jul 2026, 08:48 PM IST · BSE ID: 1cf9d690-b506-4d63-89a4-52988580a86d
View Original BSE Filing (PDF)
💡
In Simple Terms
Chambal Breweries' board approved its merger plan with Invade Agro, pending necessary approvals.
🤖 AI Summary
- Chambal Breweries Board approved draft amalgamation with Invade Agro Limited on July 07, 2026.
- Chambal Breweries (transferor) reports Paid-up share capital of Rs. 748.87 Lakhs as of June 30, 2026.
- Invade Agro (transferee) reports Paid-up share capital of Rs. 30019.62 Lakhs as of June 30, 2026.
- Invade Agro's turnover was Rs. 9011.40 Lakhs, while Chambal Breweries' turnover was Nil as of June 30, 2026.
- The scheme requires approvals from shareholders, creditors, Hon’ble NCLT, and other regulators.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Chambal Breweries Paid-up Share Capital (standalone)
Rs. 748.87 Lakhs
Chambal Breweries Turnover (standalone)
Nil
Chambal Breweries Net Worth (standalone)
Rs. 84.84 Lakhs
Invade Agro Paid-up Share Capital (standalone)
Rs. 30019.62 Lakhs
Invade Agro Turnover (standalone)
Rs. 9011.40 Lakhs
Invade Agro Net Worth (standalone)
Rs. 30429.43 Lakhs
Appointed Date for Amalgamation
July 01, 2026
🏢 How This Affects the Company
The amalgamation combines Chambal Breweries' diverse business activities, including chemicals, textiles, and agricultural products, with Invade Agro Limited's operations. This could potentially integrate their market presences and product portfolios, expanding the overall business scope.
Chambal Breweries, with Nil turnover and a net worth of Rs. 84.84 Lakhs as of June 30, 2026, will merge into Invade Agro, which has a turnover of Rs. 9011.40 Lakhs and a net worth of Rs. 30429.43 Lakhs. This merger will significantly alter Chambal Breweries' financial structure and scale.
The scheme of amalgamation will lead to the integration of operational processes and resource allocation between Chambal Breweries and Invade Agro. This may involve changes in management structures, supply chains, and workforce deployment.
The transaction is a related party transaction, though validated as arm's length by independent valuers and a merchant banker. Regulatory and shareholder approvals, including from the NCLT, introduce execution risk for the scheme's completion.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders, as the scheme still needs various statutory and regulatory approvals.
👤
Who Is Affected
Shareholders of Chambal Breweries and Distilleries Limited will be affected by the eventual amalgamation terms, as their shares will be exchanged for Invade Agro Limited shares, subject to NCLT and other approvals.
🔍
Management Signal
The management's decision indicates a strategic intent to merge Chambal Breweries into Invade Agro Limited, consolidating operations and leveraging the larger entity's scale.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder and creditor meetings for scheme approval.
National Company Law Tribunal (NCLT) hearing for sanctioning the scheme.
Regulatory updates regarding scheme filing with Stock Exchanges under Reg 37.
MEDIUM RISK
Amalgamation faces multiple regulatory and stakeholder approval hurdles, introducing execution risk.
💡 Investor Takeaway
Chambal Breweries Board approved amalgamation with Invade Agro, effective July 01, 2026. Chambal Breweries reported Nil turnover and Rs. 84.84 Lakhs net worth, while Invade Agro reported Rs. 9011.40 Lakhs turnover and Rs. 30429.43 Lakhs net worth as of June 30, 2026. The merger requires NCLT and shareholder approvals.
⚖️ Strengths & Concerns
✅ Positives
- The consideration for the scheme was determined by independent registered valuers, with a fairness opinion from an independent Category 1 merchant banker.
- The board also approved Audited Financial Results for the quarter ended June 30, 2026, alongside the merger scheme, indicating regular financial reporting.
⚠️ Concerns
- Chambal Breweries and Distilleries Limited reported Nil turnover for the period ended June 30, 2026, indicating no revenue generation in that period.
- The scheme is subject to numerous statutory and regulatory approvals, including shareholders, creditors, and the National Company Law Tribunal, delaying finalization.
📅 Company Track Record
Previous filings indicated the Invade Agro Board deferred amalgamation scheme consideration on July 01, 2026, which delayed Chambal Breweries' merger plan. Prior to that, on June 29, 2026, Chambal Breweries' Board had approved the draft amalgamation scheme with Invade Agro, pending regulatory clearances.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the status of the amalgamation scheme involving Chambal Breweries and Invade Agro?
The Board of Directors of Chambal Breweries and Distilleries Limited approved the draft scheme of amalgamation with Invade Agro Limited on July 07, 2026, subject to statutory and regulatory approvals.
What were the standalone financial figures for Chambal Breweries as of June 30, 2026?
As of June 30, 2026, Chambal Breweries had a Paid-up share capital of Rs. 748.87 Lakhs, Nil turnover, and a Net worth of Rs. 84.84 Lakhs.
What were the standalone financial figures for Invade Agro Limited as of June 30, 2026?
Invade Agro Limited had a Paid-up share capital of Rs. 30019.62 Lakhs, a turnover of Rs. 9011.40 Lakhs, and a Net worth of Rs. 30429.43 Lakhs as of June 30, 2026.
Is the amalgamation transaction a related party transaction?
Yes, the transaction is considered a related party transaction, but it has been determined to be at arm’s length based on valuations by independent valuers and a fairness opinion from an independent merchant banker.
What is the appointed date for the amalgamation scheme?
The appointed date for the amalgamation scheme between Chambal Breweries and Distilleries Limited and Invade Agro Limited is July 01, 2026.
Questions based on this BSE filing only. For information purposes.