Board Meeting Outcome for Scheme of Arrangement
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The Board of Amrapali Fincap Limited, at its meeting on 13 February 2026, approved a Scheme of Arrangement in the nature of amalgamation of Amrapali Fincap Limited (Transferor Company) with Ampire Finance Private Limited (Transferee Company), under Sections 230-232 of the Companies Act, 2013. Both entities operate in the financial sector — Amrapali in finance and broking, and Ampire Finance as an NBFC engaged in lending. The deal is not a related party transaction. Stated benefits include greater financial strength, cost savings, operational efficiency, improved cash management, and reduced regulatory compliance burden. The share exchange ratio is marked as 'Not applicable' in this disclosure, suggesting it will be disclosed later as part of the detailed scheme.
If approved by NCLT and shareholders, Amrapali Fincap (the listed entity) will merge into Ampire Finance (a private company), which may eventually lead to delisting of Amrapali Fincap shares. Shareholders will become stakeholders of the amalgamated private entity, with the swap ratio to be announced later — investors should watch for the detailed scheme document and NCLT approval timelines.