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Merger24 Sept 2026, 10:02 pm

Ventive Hospitality NCLT Order for Amalgamation Scheme

AI Summary

Ventive Hospitality Limited announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has passed an order dated September 23, 2026, concerning a Scheme of Amalgamation. This order is procedural and directs the convening of meetings for equity shareholders and unsecured creditors of Ventive Hospitality Limited and three other transferor companies: Eon-Hinjewadi Infrastructure Private Limited, Restocraft Hospitality Private Limited, and Wellcraft Infraprojects Private Limited. The amalgamation is subject to approvals from shareholders, creditors, and final sanction from the NCLT. The scheme is deemed beneficial to all stakeholders.

Key Highlights

  • NCLT order issued for Ventive Hospitality's amalgamation scheme.
  • Procedural order directs meetings for shareholders and creditors.
  • Amalgamation subject to further approvals and final NCLT sanction.
  • Scheme is considered beneficial to all stakeholders involved.