Palco Metals announces merger of its wholly-owned subsidiary

Palco Metals Limited (PML) announced the merger of its wholly-owned subsidiary, Palco Recycle Industries Limited (PRIL), under Sections 232/233 of the Companies Act, 2013. The decision will be formalized in an Extraordinary General Meeting (EGM) on March 29, 2025, at the company's Ahmedabad office. Shareholders will vote on the Scheme of Amalgamation between PRIL (Transferor) and PML (Transferee).