Merger6 May 2026, 04:27 pm
Warren Tea: NCLT Order on Amalgamation Scheme
AI Summary
The National Company Law Tribunal (NCLT) has issued an order directing Warren Tea Ltd. to convene meetings of shareholders and creditors regarding the Scheme of Amalgamation with Maple Hotels & Resorts Limited. The meetings for Equity Shareholders of Warren Tea and Maple Hotels are scheduled for June 15, 2026, while the meeting for Unsecured Creditors of Maple Hotels will be held virtually on June 18, 2026. The order was uploaded on the NCLT website on May 5, 2026, and received by the company via email on the same day.
Key Highlights
- NCLT directs Warren Tea to convene meetings for amalgamation scheme.
- Equity Shareholders' meetings set for June 15, 2026.
- Unsecured Creditors' meeting to be held virtually on June 18, 2026.
- Amalgamation scheme involves Maple Hotels & Resorts Limited.
- Order received by Warren Tea on May 5, 2026.