
Legal12 Oct 2026, 07:10 pm
Ventive Hospitality to Appeal NCLT Order on Amalgamation
AI Summary
Ventive Hospitality Limited announced that its Board of Directors has approved filing an appeal against a specific point (Point No. 22) in the order dated September 23, 2026, issued by the National Company Law Tribunal (NCLT), Mumbai Bench. This appeal is in relation to the proposed Scheme of Amalgamation involving Eon Hinjewadi Infrastructure Private Limited, Restocraft Hospitality Private Limited, and Wellcraft Infraprojects Private Limited. The company will continue to update the stock exchanges on material developments.
Key Highlights
- Board approved filing an appeal against NCLT order.
- Appeal concerns the proposed Scheme of Amalgamation.
- Ventive Hospitality is the transferee company.
- Company will provide further material updates.
Price Impact
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