Newspaper Advertisement for Notice of Hearing of Petition for Scheme of Amalgamation
JSWSTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Steel Limited has published newspaper advertisements informing shareholders that the NCLT Mumbai has fixed the hearing for the Scheme of Amalgamation on 19 June 2026. The scheme involves the merger of three transferor companies — Amba River Coke Limited (ARCL), Monnet Cement Limited (MCL), and JSW Retail and Distribution Limited (JRDL) — into JSW Steel Limited (the transferee). The petition was filed under Sections 230-232 of the Companies Act, 2013, with the NCLT order dated 13 May 2026. Public notices were published in Business Standard (English) and Navshakti (Marathi) on 25 May 2026. The document also notes that the full scheme details are available on the JSW website.
This is a routine procedural step in the merger process. No immediate impact on the stock is expected; shareholders and creditors can file objections with the advocate for the petitioner companies before the hearing date.