
Merger1 Oct 2026, 04:41 pm
Anka India Ltd: NCLT Approves Scheme of Amalgamation
AI Summary
Anka India Ltd has received an order from the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, approving the Scheme of Amalgamation of its wholly-owned subsidiary, FUTECH INTERNET PRIVATE LIMITED, with ANKA INDIA LIMITED. This approval is subject to the fulfillment of conditions stipulated in the scheme and the NCLT order, including the approval from the jurisdictional Tribunal of the Transferor Company (NCLT, New Delhi Bench) and completion of applicable statutory and regulatory compliances. The company will provide further updates once the scheme becomes effective.
Key Highlights
- NCLT Chandigarh approves amalgamation scheme.
- Subsidiary FUTECH INTERNET to merge with Anka India.
- Scheme approval pending NCLT New Delhi order.
- Further updates upon scheme effectiveness.
Price Impact
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