NCLT order directing conveing meeting in the matter of scheme of amalgamation
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NCLT Ahmedabad Bench has ordered meetings of equity shareholders and creditors of Meghmani Organics Limited and its two subsidiaries to vote on a proposed Scheme of Amalgamation. Under the scheme, Kilburn Chemicals Limited (Transferor Company 1) and Meghmani Crop Nutrition Limited (Transferor Company 2) will merge into Meghmani Organics Limited (Transferee Company). All meetings are scheduled for June 6, 2026 via video conferencing. This follows NCLT orders dated April 30, 2026 and April 20, 2026. The scheme is being pursued under Sections 230-232 of the Companies Act, 2013.
If approved, this amalgamation will consolidate two subsidiaries into Meghmani Organics, potentially strengthening the company's operational footprint. Shareholders and creditors should watch the June 6 voting outcomes as a key milestone toward deal completion.