Pitti Engineering Ltd: NCLT Approves Amalgamation Scheme

Pitti Engineering Limited (PEL) announced that the National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation. The scheme involves the amalgamation of Pitti Industries Private Limited (PIPL) and Dakshin Foundry Private Limited (DFPL) with Pitti Engineering Limited. The amalgamation, effective from the appointed date of April 1, 2026, will be operational upon filing the certified true copy of the NCLT's order with the Registrar of Companies. This approval marks a significant step in the consolidation process for the companies.