Merger23 Jul 2026, 04:24 pm
India Radiators Amalgamation Scheme Effective July 23, 2026
AI Summary
India Radiators Limited's Scheme of Amalgamation with Mercantile Ventures Limited has officially become effective on July 23, 2026. This follows the National Company Law Tribunal's order dated July 8, 2026, and the subsequent filing of Form INC-28 with the Registrar of Companies, Chennai. As a result of the scheme's effectiveness, India Radiators Limited will be dissolved without undergoing liquidation. The Board of Directors and its committees will also stand dissolved.
Key Highlights
- Scheme of Amalgamation between India Radiators and Mercantile Ventures is effective.
- Effective date of the scheme is July 23, 2026.
- India Radiators Limited will be dissolved without winding up.
- Board of Directors of India Radiators will be dissolved.
- Form INC-28 filed with Registrar of Companies on July 23, 2026.
Price Impact
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