PPAP Automotive Ltd: Secured Creditors Meeting for Amalgamation Scheme

PPAP Automotive Limited has announced a meeting of its secured creditors, scheduled for September 30, 2026, at 12:30 PM via Video Conferencing/Other Audio-Visual Means (VC/OAVM). This meeting is convened pursuant to an order from the National Company Law Tribunal (NCLT), New Delhi Bench, dated July 29, 2026. The purpose is to discuss the scheme of amalgamation of Avinya Batteries Limited (Transferor Company) with PPAP Automotive Limited (Transferee Company). Voting rights will be proportional to the outstanding amount as of March 31, 2026. Remote e-voting will be available from September 26 to September 29, 2026. The notice, along with other relevant documents including the explanatory statement and the amalgamation scheme, has been dispatched to creditors and is also available on the company's website.