Merger12 Jun 2026, 05:01 pm
Signature Green Files NCLT Application for Arvind Foods Merger
AI Summary
Signature Green Corporation Ltd has filed an application with the National Company Law Tribunal (NCLT), Mumbai Bench, for the proposed merger by absorption of its wholly-owned subsidiary, Arvind Foods Limited. This filing is a step towards obtaining necessary directions and orders for the amalgamation scheme. The merger remains subject to NCLT approval and other required statutory and regulatory sanctions. The company will provide further updates on developments.
Key Highlights
- Filed NCLT application for merger with Arvind Foods Limited.
- Merger is by absorption of a wholly-owned subsidiary.
- Scheme is subject to NCLT and other regulatory approvals.
- Company will inform stock exchanges of further developments.
Price Impact
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