
NCLT sanctions Kirti Investments-Kedia Construction amalgamation
Kedia Construction Company Ltd has received the certified copy of the National Company Law Tribunal (NCLT), Mumbai Bench Order, sanctioning the Scheme of Arrangement and Amalgamation between Kirti Investments Limited (Transferor Company) and Kedia Construction Company Limited (Transferee Company). The NCLT pronounced its order on April 6, 2026, approving the scheme under Sections 230 to 232 read with Section 66 of the Companies Act, 2013. The scheme had previously been approved by the Boards of Directors and shareholders of both companies, with Kedia Construction reconvening a shareholder meeting to address public shareholder voting requirements. Kirti Investments is involved in estate agency and consultancy, while Kedia Construction focuses on construction and land development.
Key Highlights
- NCLT Mumbai Bench sanctioned the amalgamation scheme.
- Kirti Investments Limited will merge with Kedia Construction Company Limited.
- Certified copy of the NCLT Order was received by the company.
- Scheme was approved under Sections 230-232 of Companies Act, 2013.
Price Impact
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