Merger20 Aug 2026, 07:30 pm
Lactose India Ltd: NCLT Sanctions Amalgamation Scheme
AI Summary
Lactose India Ltd has received the certified true copy of the NCLT order dated August 5, 2026, sanctioning the Scheme of Amalgamation. The order, received on August 20, 2026, pertains to the amalgamation between Vitanosh Ingredients Private Limited (Transferor Company) and Lactose (India) Limited (Transferee Company). This significant corporate action, filed under Sections 230-232 of the Companies Act, 2013, marks a key step towards the completion of the merger. Further disclosures regarding the scheme's effectiveness will be made in due course.
Key Highlights
- NCLT Ahmedabad Bench sanctioned the Scheme of Amalgamation.
- Certified order received by Lactose India Ltd on August 20, 2026.
- Amalgamation involves Vitanosh Ingredients Private Limited.
- Scheme filed under Companies Act, 2013 provisions.
- Effectiveness of the scheme to be intimated later.
Price Impact
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