Laurus Labs' Composite Scheme of Arrangement Approved by Unsecured Creditors

Laurus Labs Ltd. announced that the meetings of the unsecured creditors of both the Transferor Company and the Resulting Company were held on April 06, 2026, as directed by the Hon’ble National Company Law Tribunal, Amravati Special Branch. The meetings were conducted fairly and transparently, with the requisite quorum present. The unsecured creditors of both companies have approved the Composite Scheme of Arrangement, marking a significant milestone in its implementation. The Scheme is still subject to approval from the Hon’ble NCLT and other statutory/regulatory authorities.