Merger10 Aug 2026, 10:30 pm
IRM Energy Creditors Meeting for Amalgamation Scheme
AI Summary
IRM Energy Ltd has announced a court-convened meeting for its Unsecured Creditors on September 12, 2026, at 12:30 p.m. IST, to approve a Scheme of Amalgamation. This scheme involves the amalgamation of Enertech Distribution Management Private Limited with IRM Energy Limited, as per the orders of the NCLT Ahmedabad. The meeting will be conducted via Video Conference (VC) or Other Audio-Visual Means (OAVM). Key dates include a cut-off for remote e-voting on September 5, 2026, with e-voting open from September 9 to September 11, 2026. The notice and explanatory statement are available on the company's website.
Key Highlights
- Unsecured Creditors meeting scheduled for September 12, 2026.
- Meeting to approve the amalgamation of Enertech Distribution with IRM Energy.
- NCLT Ahmedabad has ordered the convening of this creditor meeting.
- E-voting period: September 9-11, 2026.
- Meeting to be held via Video Conference/OAVM.
Price Impact
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