Tribunal advances proposed Cyber Media Research merger with parent
CMRSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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On October 16, 2026, the National Company Law Tribunal allowed the first stage of Cyber Media Research and Services Limited's proposed merger into Cyber Media (India) Limited, which owns 38.17% of it. Shareholders and unsecured creditors of both companies must vote, while secured creditor meetings are waived. The proposed exchange ratio is 35 Cyber Media India shares for every 8 Cyber Media Research shares. Final approval is still pending.
Approval is pending. CMRSL shareholders and unsecured creditors must vote on the 35-for-8 exchange ratio before the tribunal can approve the merger.