Sagar Productions Limited (BSE:532092) entered into scheme of amalgamation to acquire ePuja Web Solutions Private Limited on October 3, 2020. Under the scheme agreement, Sagar Productions Limited shall issue 1347 shares for every 100 shares of ePuja Web Solutions Private Limited. For the period ended march 31, 2020, ePuja Web Solutions Private Limited has reported turnover of INR 4.08 million. The scheme would be subject to the approval of National Company law Tribunal, Stock exchanges and such other competent authority and various statutory approvals, shareholders, lenders/ creditors of each of the Company as may be directed by National Company law Tribunal. The Board of Directors of Sagar Productions Limited has approved the transaction. As of November 29, 2021, Sagar board considered and approved the revised draft Scheme of amalgamation and arrangement between Sagar Production Limited and Epuja Web Solutions Private Limited.