Newspaper Publication of notice of hearing of Petition under section 230-232 of the Companies Act, 2013 for the scheme of Arrangement for Amalgamation of Narbada Gems and Jewellery Limited ....
Awaiting price reaction for this filing.
Narbada Gems and Jewellery Ltd (Scrip Code: 519455, CIN: L01222TG1992PLC014173) submitted a BSE disclosure on October 31, 2025, attaching copies of newspaper publications for a court-mandated notice. The notice was published in Financial Express (English) and Namaste Telangana (Telugu) on October 31, 2025. It relates to a scheme of arrangement for amalgamation where Narbada Gems (transferor) will merge into Uday Jewellery Limited (transferee, CIN: L74900TG1999PLC080813). The National Company Law Tribunal (NCLT), Hyderabad, ordered this publication via its order dated September 26, 2025. The notice calls for shareholders, creditors, and other stakeholders to attend the NCLT hearing, with a deadline for objections or representations set for November 14, 2025, and a shareholders/creditors meeting to be held on November 17, 2025.
This is a routine procedural step in the ongoing amalgamation process. Shareholders should monitor the swap ratio announcement and the outcome of the NCLT meeting, as the merger could affect shareholding structure and listing status of Narbada Gems.