Acquisitions27 March 2026 at 02:31 pm
Polycab India Ltd Announces Effective Date of Amalgamation with Uniglobus Electricals and Electronics Private Limited
AI Summary
Polycab India Ltd has announced that the Scheme of Amalgamation of Uniglobus Electricals and Electronics Private Limited with Polycab India Limited has become operative and effective from March 27, 2026. This announcement comes after the Hon’ble National Company Law Tribunal, Ahmedabad Bench approved the Scheme of Amalgamation on February 27, 2026. The certified copy of the NCLT Order was filed with the respective jurisdictional Registrar of Companies on March 27, 2026, marking the effective date of the amalgamation.
Key Highlights
- Polycab India Ltd announces the effective date of amalgamation with Uniglobus Electricals and Electronics Private Limited.
- The Scheme of Amalgamation was approved by the Hon’ble National Company Law Tribunal, Ahmedabad Bench on February 27, 2026.
- The certified copy of the NCLT Order was filed with the respective jurisdictional Registrar of Companies on March 27, 2026.
- The amalgamation has become operative and effective from March 27, 2026.
- This announcement marks a significant step in Polycab India Ltd's growth strategy.
POLYCABCables - Electricals
Polycab India LtdPrice Impact