Corporate Action22 Oct 2026, 06:00 pm
Anka India: NCLT Sanctions Scheme of Amalgamation
AI Summary
Anka India Limited has received an order from the Hon'ble National Company Law Tribunal (NCLT), New Delhi Bench, sanctioning the Scheme of Amalgamation of its wholly-owned subsidiary, FUTECH INTERNET PRIVATE LIMITED, with Anka India Limited. The Scheme, with an Appointed Date of April 1, 2025, is subject to the fulfillment of stipulated conditions and regulatory compliances. The order is available on the company's website and the NCLT website. This development follows previous intimations regarding the amalgamation process.
Key Highlights
- NCLT has sanctioned the Scheme of Amalgamation.
- FUTECH INTERNET PRIVATE LIMITED is being amalgamated with Anka India Limited.
- The Appointed Date for the scheme is April 1, 2025.
- Scheme is subject to fulfillment of conditions and regulatory compliances.
Price Impact
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