Vikram Thermo

[vikasbargale]

The demerger has been approved from NCLT

This is to inform that the company has received order from Hon’ble National Company Law Tribunal (NCLT), Ahmedabad bench for the proposed Scheme of Arrangement for Demerger whereby Aromatic Chemical Business (Demerged Undertaking) of Vikram Thermo (India) Limited (“Demerged Company”) will be demerged into the Vikram Aroma Limited (“Resulting Company”) (“Proposed Scheme”) and the order was received on 20th September, 2023 which has directed the company to convene a Meeting of Shareholders, secured creditors and unsecured creditors on 30th October, 2023 to obtain their consent for the proposed scheme. The copy of the order is attached.

https://www.bseindia.com/xml-data/corpfiling/AttachLive/d0cb7c17-58de-4932-99c6-fb9b1d77a991.pdf

Views are welcome

dr.vikas

[Shreya28]

The company has performed really well in this quarter.
In terms of margins as well as topline.
Is anyone still tracking this company?
What are your analysis on this quarter’s result?

[Mauksh_Shah]

Excellent results by the company. Good growth in topline for the company.
Although we can’t extrapolate the margin expansion since 29% margins are not sustainable. I guess 20% would be a reasonable expectation of margins way forward.

[prav.br]

Another terrific quarter results from Vikram thermo

[Shreya28]

https://www.bseindia.com/xml-data/corpfiling/AttachLive/fcb7d5eb-4cf1-4732-8704-c9cc1888988b.pdf
NCLT approves demerger, company hits UC within minutes.