HLE Glascoat Limited Completes Distribution of Fractional Share Proceeds Following Amalgamation
HLE Glascoat Limited has completed distribution of ₹610.35 in proceeds from fractional shares following its amalgamation with Kinam Enterprise Private Limited. The company's Audit Committee and Independent Directors certified compliance with SEBI regulations, confirming that 2 fractional shares were sold at ₹313.00 per share and proceeds distributed proportionally to eligible shareholders on March 2, 2026.