Asian Energy Services gets NCLT nod for Oilmax Energy merger

Asian Energy Services Limited (AESL) has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for the scheme of merger by absorption of Oilmax Energy Private Limited (OEPL) with AESL. The order sanctioning the scheme was pronounced on September 29, 2026. This merger, filed under Sections 230-232 of the Companies Act, 2013, aims to consolidate operations between the transferor company (OEPL) and the transferee company (AESL). The company is awaiting the certified copy of the order to proceed with the necessary steps to give effect to the merger.