
Merger29 Oct 2026, 04:13 pm
MTAR Technologies Ltd: Merger Order Received from NCLT
AI Summary
MTAR Technologies Limited has received the merger order from the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench. The order, dated October 28, 2026, sanctions the Scheme of Amalgamation for the merger of its wholly owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, with MTAR Technologies Limited. The merger is effective from the appointed date of April 1, 2025. The company will submit the certified copy of the order to the stock exchanges upon receipt.
Key Highlights
- NCLT sanctions merger of two wholly owned subsidiaries with MTAR Technologies.
- Merger effective from April 1, 2025.
- Order received from Hon'ble National Company Law Tribunal, Hyderabad Bench.
- Company to file certified copy of order with stock exchanges.
Price Impact
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