Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Appeal filed before Hon ble National Company Law Appellate Tribunal against the order dated April 07, 2026 passed by Hon ble National Company Law Tribunal, New Delhi
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Info Edge (India) Limited has filed an appeal before the Hon'ble National Company Law Appellate Tribunal (NCLAT) challenging an order dated April 7, 2026 passed by the Hon'ble NCLT, New Delhi. The NCLT order had directed the company to convene meetings of equity shareholders, secured creditors, and unsecured creditors as part of a Scheme of Amalgamation involving four transferor companies (Allcheckdeals India, Axilly Labs, Diphda Internet Services, and Zwayam Digital). The company is seeking dispensation from the requirement to hold these meetings and is praying for appropriate directions from NCLAT. This is the latest development in an ongoing matter with prior disclosures dating back to August 2024.
The appeal indicates the company wants to avoid the procedural requirements of holding shareholder and creditor meetings, which could delay the amalgamation timeline. Until NCLAT rules on the appeal, the implementation of the scheme remains in a state of legal uncertainty, which could create temporary ambiguity for investors regarding the consolidation structure.