Merger1 April 2026 at 12:34 pm
SEBI LODR Regulation 30: NCLT Sanctions Merger of Lancor Maintenance & Services Limited with Lancor Holdings Limited
AI Summary
In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lancor Holdings Ltd. has announced that the Hon’ble National Company Law Tribunal (NCLT), Chennai, has sanctioned the Scheme of Merger of Lancor Maintenance & Services Limited (a wholly owned subsidiary of the company) with Lancor Holdings Limited. The company is awaiting the order and upon its receipt will provide a detailed intimation in this regard.
Key Highlights
- NCLT, Chennai has sanctioned the Scheme of Merger of Lancor Maintenance & Services Limited with Lancor Holdings Limited.
- Lancor Holdings Limited is a wholly owned subsidiary of the company.
- The company is awaiting the order from NCLT.
- Upon receipt of the order, the company will provide a detailed intimation.
- This information is provided in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.