Harit Industries Private Limited agreed to acquire Pratik Panels Limited (BSE:526490) in a reverse merger transaction on June 2, 2023. Harit Industries Private Limited will issue 6 shares for every 100 shares of Pratik Panels. Post-completion of the scheme, Pratik Panels will cease to exist and Harit Industries will get listed on stock exchange.

The transaction has been approved by the board of Pratik Panels.