5327212026-11-125327212026-11-122026-11-12532721VISA Chrome LimitedVISACHROMENOTLISTEDINE286H01012NewDe-mergertrue2026-11-1216:10:002026-11-12In-principle approval for the scheme of arrangement. The undertaking comprising the Raigarh Project including the land situated at Raigarh, Chhattisgarh, together with the assets, liabilities, contracts, approvals and other rights and obligations pertaining thereto (“Identified Business Undertaking”).OthersNot determinable at this stageThe proposed Scheme of arrangement is intended to restructure and align the business activities of the Company. The detailed rationale, including the need for the Scheme of Arrangement, the cost-benefit analysis, synergies and impact on shareholders, will be set out in the reports of the Audit Committee and the Committee of Independent Directors and disclosed upon approval of the draft Scheme.Not determinable at this stage. KCPL is currently a wholly owned subsidiary of the Company. The share entitlement ratio, if any, the issue of shares by KCPL to the shareholders of the Company and the treatment of the Company's existing shareholding in KCL have not yet been finalised. These will be decided in the draft Scheme and disclosed once approved by the Board of Directors.falseThe detailed draft Scheme, the Valuation Report (if required), the Fairness Opinion, the Statutory Auditor’s Certificate on the accounting treatment, and the reports of the Audit Committee and the Committee of Independent Directors will be placed before the Board of Directors for its approval at a subsequent meeting. The Scheme will be subject to, inter alia, Regulation 37 of the SEBI Listing Regulations, the SEBI Master Circular on schemes of arrangement by listed entities dated June 20, 2023 (as amended), the observation / no-objection letters of BSE Limited and National Stock Exchange of India Limited, the approval of the shareholders and creditors of the Company and KCPL (as may be required), the sanction of the jurisdictional bench of the National Company Law Tribunal, and such other approvals as may be necessary.