NBCC India approves merger of wholly-owned subsidiary HSCC

NBCC (India) Ltd announced that its Board of Directors, in a meeting held on July 14, 2026, approved a Scheme of Arrangement for the merger of its wholly-owned subsidiary, HSCC (India) Limited, with itself. The merger will be on a going concern basis and is subject to necessary regulatory approvals from authorities like the Ministry of Corporate Affairs (MCA) and the Central Government. HSCC, a public limited company, is engaged in healthcare infrastructure consultancy, while NBCC is involved in Project Management Consultancy (PMC), EPC, and Real Estate Development. The rationale for the merger is to consolidate complementary business operations under a single entity. The transaction does not fall under related party transactions as per SEBI regulations.