BSELactose India LtdLowNeutral
Announced Mon, 30 Mar · 18:19 IST

We hereby submit the Scrutinizer''s Report for the Extra Ordinary General Meeting held on 28th March 2026.

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹81.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.8+6.7+2.5+9.8+11.1+12.3+39.5+37.0+36.0+24.8
Up moveDown movePending
AI summary

Lactose (India) Limited held an NCLT-convened Extra Ordinary General Meeting on 28 March 2026 through video conferencing to seek shareholder approval for a Scheme of Amalgamation with Vitanosh Ingredients Private Limited under Sections 230–232 of the Companies Act, 2013. Voting was conducted via remote e-voting and e-voting at the meeting, with 36 members holding 59,19,674 equity shares participating. The resolution was passed overwhelmingly, with 35 members holding 59,19,659 shares (essentially 100% of valid votes) voting in favour and only 1 member with 15 shares voting against. There were no invalid or abstained votes, and the Scrutinizer (Advocate Arjun Lakhanpal, appointed by the NCLT) certified the process as fair and transparent.

Likely market impact

This is a procedural milestone — the merger with Vitanosh Ingredients has cleared the shareholder approval stage. The deal now moves to the NCLT for final sanction. Near-term stock impact is likely limited since the result was widely expected, but the amalgamation will reshape the company's structure and capital base once formally approved.