CIE Automotive India: NCLT Approves Merger of Wholly Owned Subsidiary

CIE Automotive India Limited has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for the merger of its wholly-owned subsidiary, CIE Aluminium Casting India Limited, with itself. The NCLT's order, dated September 24, 2026, allows the Scheme of Merger by Absorption. The merger, initially approved by the respective Boards on April 23, 2026, aims to strengthen CIE Automotive India's market position and capabilities in the automotive components sector, particularly in aluminium die casting. The appointed date for the merger is April 1, 2026. This move follows CIE Automotive India's acquisition of the subsidiary in April 2019.