POCL Enterprises Ltd. Approves Scheme of Amalgamation with Planetfirst Green Private Limited

POCL Enterprises Ltd. has approved the Scheme of Amalgamation of Planetfirst Green Private Limited with and into POCL Enterprises Limited. The Scheme is subject to the requisite statutory and regulatory approvals. The Appointed Date for the said Scheme is April 1, 2026. The Transferor Company, Planetfirst Green Private Limited, is primarily engaged in the business of manufacturing various non-ferrous metals and recycling of different types of scrap batteries. The Transferee Company, POCL Enterprises Limited, is primarily engaged in the business of manufacturing Lead Metals, Zinc Metals, Metallic Oxides including Lead Oxides, Zinc Oxide and PVC Stabilizers. The amalgamation will enable POCL Enterprises Limited to expand its operations into Western India, create a vertically integrated business structure, facilitate better management and control of the combined businesses, and result in economies of scale.