
National Standard (India) Ltd: NCLT Meeting for Merger Scheme on Oct 9, 2026
National Standard (India) Ltd has announced a meeting of its equity shareholders, convened as per the directions of the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench. The meeting is scheduled for Friday, October 09, 2026, at 11:00 A.M. IST, and will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM). The primary purpose of this meeting is to consider and approve a proposed Scheme of Merger by Absorption. This scheme involves the merger of Roselabs Finance Limited and National Standard (India) Limited with Lodha Developers Limited. The notice and explanatory statement, along with annexures detailing share exchange ratios and fairness opinions from financial advisors, have been circulated electronically to shareholders. The cut-off date for determining eligibility for e-voting is October 02, 2026, with remote e-voting open from October 06 to October 08, 2026.
Key Highlights
- Shareholder meeting convened by NCLT for merger scheme approval.
- Meeting to be held on October 9, 2026, via VC/OAVM.
- Scheme involves merger of Roselabs Finance and NSIL with Lodha Developers.
- E-voting available from October 6-8, 2026.
- Detailed scheme documents and fairness opinions are available.
Price Impact
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