BN Agrochem: NCLT grants 90-day extension for amalgamation scheme meetings
BNAGROCHEM · price
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BN Agrochem has received an NCLT order dated August 13, 2026, granting a 90-day extension for convening meetings of equity shareholders and secured creditors in relation to its Scheme of Amalgamation with A1 Agri Global, B.N. Agritech and Salasar Balaji Overseas. The extension was sought because shareholders and creditors needed more time for internal approvals. The meetings were originally directed by NCLT in June 2026. The company will share meeting dates in due course.
Procedural update only. Amalgamation process is delayed but still moving forward. No immediate effect on shareholders; final outcome pending votes.