Merger11 May 2026, 07:31 pm
Asian Energy: NCLT Convenes Shareholder Meeting for Merger on June 12, 2026
AI Summary
Asian Energy Services Ltd (AESL) announced that the Mumbai Bench of the National Company Law Tribunal (NCLT) has directed a meeting of equity shareholders to consider and approve the proposed Scheme of Merger by Absorption of Oilmax Energy Private Limited (OEPL) with AESL. The meeting will be held on Friday, June 12, 2026, at 11:00 A.M. (IST) via Video Conferencing/Other Audio Visual Means. The remote e-voting period will commence on Tuesday, June 9, 2026, at 9:00 a.m. (IST) and end on Thursday, June 11, 2026, at 5:00 p.m. (IST).
Key Highlights
- NCLT directs Asian Energy shareholder meeting for Oilmax Energy merger.
- Meeting scheduled for June 12, 2026, via video conferencing.
- E-voting begins June 9, 2026, and ends June 11, 2026.
- Notice dispatched electronically on May 11, 2026.
- Scheme details available on Asian Energy's website.