
Merger17 Sept 2026, 05:50 pm
Roto Pumps Receives NCLT First Motion Order for Merger
AI Summary
Roto Pumps Limited has received a First Motion Order from the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, approving the scheme of amalgamation for the merger of its wholly-owned subsidiary, Roto Energy Systems Limited, with itself. The NCLT pronounced its order on September 15, 2026, following the company's joint first motion application filed on August 20, 2026. This order allows the company to proceed with the subsequent steps required for the final approval of the merger scheme. The company will now undertake the necessary procedures as per the NCLT's directions and applicable laws.
Key Highlights
- NCLT Allahabad Bench grants First Motion Order for merger.
- Merger involves Roto Energy Systems Limited with Roto Pumps Limited.
- Order allows company to proceed to final approval stage.
- Scheme of Amalgamation application filed on August 20, 2026.
Price Impact
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