Copy of Advertisement published in Newspaper(s)- Notice of Joint Petition as per the order of Hon''ble National Company Law Tribunal, Mumbai bench
Awaiting price reaction for this filing.
GB Global Ltd has published newspaper advertisements giving public notice of a joint petition filed before the NCLT Mumbai Bench for a Scheme of Amalgamation (merger by absorption) with Dev Land & Housing Private Limited. The petition (Company Scheme Petition No. 6 (MB) 2026) was admitted by the NCLT on 8 January 2026 under Sections 230-232 of the Companies Act, 2013, and is fixed for final hearing on 20 February 2026 at 10:30 AM before Bench 1 of NCLT Mumbai. The advertisements appeared on 28 January 2026 in Business Standard, Navshakti, Vijaya Vishwavani (Kannada), and Navrashtra newspapers, as required under SEBI LODR Regulation 30. The notice invites any interested shareholders or creditors to support or oppose the scheme by submitting their intention to the Tribunal at least two days before the hearing date. Both companies share the same registered office at Dev Plaza, Andheri (West), Mumbai, suggesting a related-party group restructuring.
This is a procedural compliance filing and does not change the fundamentals of the company. For shareholders, the next key milestone is the NCLT final hearing on 20 February 2026 — approval at this stage would clear the path for the merger to take effect, while any opposition from stakeholders could delay the process. Investors should watch for the NCLT order following the hearing date.