Merger23 Sept 2026, 04:03 pm
Saksoft Ltd: NCLT Sanctions Amalgamation of Augmento Labs
AI Summary
Saksoft Limited announced that the National Company Law Tribunal (NCLT), Chennai Bench, has sanctioned the Scheme of Amalgamation between Augmento Labs Private Limited (a wholly-owned subsidiary) and Saksoft Limited. The order was received on September 22, 2026, with an Appointed Date of April 01, 2026. The scheme will become effective upon filing the certified order with the Registrar of Companies. The company will also file an application for rectification of typographical errors in the NCLT order.
Key Highlights
- NCLT sanctions amalgamation of wholly-owned subsidiary Augmento Labs with Saksoft Ltd.
- Appointed Date for the scheme is April 01, 2026.
- Scheme becomes effective upon filing certified NCLT order with RoC.
- Rectification of clerical errors in NCLT order to be filed.
Price Impact
More from SAKSOFT