Pursuant to the NCLT order, we hereby intimate under the Regulation 30 & 42 of SEBI (LODR) Regulations 2015, that the Extra Ordinary General Meeting of the Company is scheduled to be held ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lactose (India) Limited has called an Extra Ordinary General Meeting on Saturday, 28th March 2026 at 10:30 a.m., to be held via video conferencing, as directed by the NCLT Ahmedabad Bench through its order dated 12th February 2026. The sole agenda is to consider and approve the Scheme of Amalgamation of Vitanosh Ingredients Private Limited (Transferor Company) into Lactose (India) Limited (Transferee Company), originally approved by the Boards of both companies on 23rd October 2024. The cut-off date for e-voting eligibility is 21st March 2026, book closure runs from 22nd to 28th March 2026, and the remote e-voting window is 25th March (9:00 a.m.) to 27th March 2026 (5:00 p.m.). For the scheme to pass, it needs approval of equity shareholders representing three-fourths in value of those voting, plus a majority of public shareholders voting in favour. A quorum of at least 30 equity shareholders is required, with results expected by 31st March 2026.
This is a major corporate action that, if approved, will merge Vitanosh Ingredients (a related food and dairy ingredients business) into Lactose India, potentially expanding the company's operations and altering the shareholding pattern post-merger. Shareholders should review the scheme documents (valuation report, fairness opinion, financials) and vote during the e-voting window, as their decision will directly shape the future capital structure and business scope of the company.