Deals6 April 2026 at 01:41 pm
SEBI Listing Regulations: NCLT Allows Scheme of Arrangement and Amalgamation between Kirti Investments and Kedia Construction
AI Summary
Kedia Construction Company Ltd has announced that the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, has allowed the scheme of arrangement and amalgamation between Kirti Investments Limited and Kedia Construction Company Limited. The scheme was proposed under Section 230 to Section 232 and other applicable provisions of the Companies Act, 2013. The company is awaiting the detailed order from the NCLT and will disclose it to the Stock Exchanges as and when received.
Key Highlights
- Scheme of Arrangement and Amalgamation between Kirti Investments Limited and Kedia Construction Company Limited has been approved by the NCLT, Mumbai Bench.
- The scheme was proposed under Section 230 to Section 232 and other applicable provisions of the Companies Act, 2013.
- Kedia Construction Company Ltd is awaiting the detailed order from the NCLT.
- The company will disclose the detailed order to the Stock Exchanges as and when received.