Acquisitions28 Mar 2026, 11:31 am
NCLT Hyderabad Approves Moschip Technologies' Scheme of Amalgamation with Softnautics Inc and Softnautics Private Limited
AI Summary
Moschip Technologies Ltd has received the NCLT Hyderabad order approving the Scheme of Amalgamation of Softnautics Inc and Softnautics Private Limited with MosChip Technologies Limited. The order was passed on 25th March 2026, and the scheme will be effective from the appointed date of 04th April 2025. The company had submitted the required disclosure under Regulation 30, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, on 8th April 2025.
Key Highlights
- NCLT Hyderabad approves Moschip Technologies' Scheme of Amalgamation with Softnautics Inc and Softnautics Private Limited
- Scheme to be effective from the appointed date of 04th April 2025
- Moschip Technologies had submitted the required disclosure under Regulation 30 on 8th April 2025