Merger16 Oct 2026, 09:10 pm
NBCC India: Corrigendum on HSCC Merger Scheme
AI Summary
NBCC (India) Ltd has filed a corrigendum dated October 14, 2026, from the Ministry of Corporate Affairs (MCA). This corrigendum clarifies details regarding the Scheme of Arrangement for the merger of HSCC (India) Limited with NBCC (India) Limited. The corrigendum amends paragraphs 2 and 5 of the MCA's earlier order dated October 09, 2026. Specifically, it clarifies that the Scheme of Amalgamation was approved by the Boards of both the Transferor (HSCC) and Transferee (NBCC) Companies on July 14, 2026, and that the application is supported by an affidavit from Ms. Deepti Gambhir, authorized signatory for NBCC. Other terms of the October 09, 2026 order remain unchanged.
Key Highlights
- Corrigendum issued by MCA on HSCC-NBCC merger scheme.
- Clarifies board approval dates for the merger.
- Confirms affidavit support from NBCC's authorized signatory.
- Original merger order terms remain largely unchanged.
Price Impact
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