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Residential- Commercial Projects
Merger23 Apr 2026, 05:41 pm

NCLT sanctions amalgamation of 5 wholly-owned subsidiaries with Vipul Ltd

AI Summary

Vipul Limited announced that the National Company Law Tribunal (NCLT), New Delhi Bench, sanctioned the Scheme of Amalgamation of five wholly-owned subsidiaries with Vipul Limited. The order, passed on April 17, 2026, and received on April 22, 2026, makes the scheme binding on all transferor companies, the transferee company, their shareholders, and creditors. The amalgamation is effective from the Appointed Date of April 1, 2022. The subsidiaries involved are Abhipra Trading Private Limited, Graphic Research Consultants India Private Limited, United Buildwell Private Limited, Vineeta Trading Private Limited, and Vipul Eastern Infracon Private Limited. As the transferor companies are wholly-owned subsidiaries, no no-objection letter from stock exchanges was required, though BSE and NSE were duly intimated and raised no objections.

Key Highlights

  • NCLT sanctioned the amalgamation of five wholly-owned subsidiaries with Vipul Limited.
  • The scheme is binding on all involved companies, shareholders, and creditors.
  • The amalgamation is effective from the Appointed Date of April 1, 2022.
  • No stock exchange no-objection letter was required for this WOS amalgamation.
VIPUL
Residential- Commercial Projects
VIPUL LTD.

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