
Regulatory19 May 2026, 01:25 pm
Sir Shadi Lal: NCLT Rectifies Composite Scheme Order
AI Summary
Sir Shadi Lal Enterprises Ltd. announced that the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, has passed a Rectification Order dated May 18, 2026, to correct errors in the original order dated May 7, 2026, which sanctioned the Composite Scheme of Arrangement. The rectification addresses discrepancies identified in the original order, and the Rectification Order is now considered part of the original order. The company has submitted certified copies of both the Rectification Order and a combined copy of the Original Order with the Rectification Order to the stock exchanges.
Key Highlights
- NCLT Allahabad rectifies order sanctioning Composite Scheme of Arrangement.
- Rectification Order dated May 18, 2026, addresses errors in original order.
- Rectification Order is to be read as part of the Original Order.
- Company submits certified copies to stock exchanges as per regulations.
Price Impact
More from SSLEL