Merger8 Sept 2026, 03:42 pm
Share India Securities Ltd Receives NCLT Order Approving Amalgamation Scheme
AI Summary
Share India Securities Ltd announced on September 7, 2026, that it has received a certified true copy of the order from the National Company Law Tribunal (NCLT), Ahmedabad Bench-I, approving the Scheme of Amalgamation. This scheme involves the amalgamation of Silverleaf Capital Services Private Limited (Transferor Company) with Share India Securities Limited (Transferee Company). The NCLT's order, pronounced on August 20, 2026, signifies a crucial step in the amalgamation process, following previous disclosures and regulatory filings. The company has made the certified true copy of the order available on its website.
Key Highlights
- NCLT Ahmedabad approves amalgamation scheme of Silverleaf Capital Services with Share India Securities.
- Order received on September 7, 2026, following NCLT pronouncement on August 20, 2026.
- Scheme involves amalgamation of Transferor Company (Silverleaf) with Transferee Company (Share India).
- This is a significant step in the corporate restructuring process.
- Certified true copy of the NCLT order is now available.
Price Impact
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