Bajaj Consumer Care Limited has informed the Exchange regarding 'Effectiveness of Scheme of Arrangement between Vishal Personal Care Limited ( the Demerged Company or VPCL ) and Bajaj Consumer Care Limited ( the Resulting Company or BCCL or the Company ) and their respective shareholders ( the Scheme ) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 '.
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Bajaj Consumer Care Limited (BCCL) has announced that the Scheme of Arrangement with Vishal Personal Care Limited (VPCL) has become effective from May 1, 2026. The company received the certified copy of the NCLT (Jaipur Bench) order sanctioning the demerger scheme on April 22, 2026. The Board of Directors approved the filing on April 29, 2026, and the company subsequently filed Form INC-28 with the Registrar of Companies, Jaipur to make the scheme official. This follows earlier intimations dated July 24, 2025 and April 13, 2025, and completes the legal process for the demerger of VPCL into BCCL under Sections 230-232 of the Companies Act, 2013.
The demerger is now legally effective, meaning VPCL's business operations will transfer to BCCL. Shareholders should monitor for any share swap ratios or entitlements, which were likely detailed in the earlier scheme filings but not repeated in this effectiveness announcement.