ASIANENEBSEASIAN ENERGY SERVICES LTDMinimalNeutral
Announced Sat, 18 Jul · 12:52 IST

NCLT sets 7 Aug 2026 hearing date for Oilmax Energy merger with Asian Energy

ASIANENE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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₹356.45
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AI summary

Asian Energy Services has published newspaper ads on 18 July 2026 in Business Standard and Navshakti, giving notice that the NCLT Mumbai Bench will hear the merger petition on 7 August 2026 at 10.30 am. The scheme is for merger by absorption of Oilmax Energy Private Limited (transferor) into Asian Energy Services Limited (transferee) and their respective shareholders. The NCLT admitted the petition on 7 July 2026. Interested parties can file objections up to 2 days before the hearing date.

Likely market impact

Merger hearing is the next key step. NCLT approval would allow Asian Energy to absorb Oilmax Energy, potentially expanding operations.