Merger15 May 2026, 05:32 pm
Ecoplast: NCLT Approves Kunal Plastics Amalgamation
AI Summary
The National Company Law Tribunal (NCLT), Ahmedabad Bench, sanctioned the Scheme of Amalgamation of Kunal Plastics Private Limited with Ecoplast Limited. The order, dated May 14, 2026, was uploaded on the NCLT website on May 15, 2026. Ecoplast is awaiting the certified copy of the order, which will be filed with the Registrar of Companies to make the scheme effective. The amalgamation was approved under Sections 230-232 of the Companies Act, 2013.
Key Highlights
- NCLT Ahmedabad approved the amalgamation of Kunal Plastics with Ecoplast.
- The order is dated May 14, 2026, and was uploaded on May 15, 2026.
- Ecoplast will file the certified order copy with the Registrar of Companies.
- The amalgamation scheme was approved under relevant sections of the Companies Act, 2013.
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