Regulatory22 Jul 2026, 08:41 pm
Crest Ventures Receives No Objection for Scheme of Arrangement
AI Summary
Crest Ventures Ltd (CVL) has received an observation letter with 'No adverse observations' from BSE Limited and a 'No objection' from National Stock Exchange of India Limited regarding its Scheme of Arrangement with Crest Capital and Investment Limited (CCIL). This intimation follows a previous letter dated December 18, 2025. The company received these letters on July 20, 2026. CVL will proceed with filing the Scheme with the National Company Law Tribunal (NCLT) upon fulfilling all stipulated conditions. The company has also uploaded copies of the letters on its website and will host this intimation there as well, ensuring compliance with SEBI Listing Regulations.
Key Highlights
- BSE and NSE have issued 'No adverse observations'/'No objection' for the scheme.
- Scheme of Arrangement is between Crest Ventures Ltd and Crest Capital and Investment Ltd.
- Company will file the scheme with NCLT after fulfilling conditions.
- Disclosure requirements from SEBI regarding ongoing proceedings are noted.
Price Impact
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