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Merger6 Jul 2026, 05:00 pm

India Radiators Amalgamation Scheme Disposed by NCLT

AI Summary

India Radiators Limited has announced that the Hon'ble National Company Law Tribunal (NCLT) has disposed of the Scheme of Amalgamation between India Radiators Limited (Transferor Company) and Mercantile Ventures Limited (Transferee Company). The status update was observed on the NCLT website. The company is awaiting a certified copy of the NCLT order. This development is a significant step in the amalgamation process.

Key Highlights

  • NCLT has disposed of the amalgamation scheme.
  • India Radiators is merging with Mercantile Ventures.
  • Company awaits certified copy of the NCLT order.
  • This is a regulatory update on the amalgamation process.