Oberoi Realty Limited has informed the Exchange about Scheme of Amalgamation of Nirmal Lifestyle Realty Private Limited ( NLRPL or Transferor Company ) with Oberoi Realty Limited ( ORL or Transferee Company ) and their respective shareholders ( Scheme ) is made effective from April 14, 2026.
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Oberoi Realty Limited has announced that the scheme of amalgamation of Nirmal Lifestyle Realty Private Limited (NLRPL) with Oberoi Realty Limited (ORL) has become effective from April 14, 2026. The scheme was made effective by filing the requisite forms with the Registrar of Companies, Mumbai. This means the merger process is now complete and NLRPL stands merged into ORL. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
The merger consolidates NLRPL into Oberoi Realty, which is positive for streamlining the company's group structure and potentially unlocking operational efficiencies. Shareholders should see no immediate disruption, though any share or cash consideration to NLRPL shareholders as per the approved swap ratio will be implemented as per the scheme terms.