Please find the enclosed copy of Newspaper advertisement for Notice of hearing of Petition.
Awaiting price reaction for this filing.
Ind-Swift Limited has informed the stock exchanges that it published a newspaper advertisement regarding the NCLT hearing on its proposed amalgamation with Ind-Swift Laboratories Limited. The ad appeared in Financial Express (English) and Dainik Bhaskar (Hindi), Chandigarh edition, dated May 3, 2025. The advertisement relates to a petition filed under Sections 230-232 of the Companies Act, 2013, following NCLT Chandigarh Bench-II's order dated March 19, 2025. The petition is listed for hearing on May 15, 2025. Ind-Swift Limited is the Transferor Company and Ind-Swift Laboratories Limited is the Transferee Company in the proposed Scheme of Arrangement for Amalgamation.
This is a routine procedural update confirming compliance with NCLT directions to publicly notify the amalgamation hearing. No immediate impact on shareholders; the next milestone is the NCLT hearing on May 15, 2025, which will determine the scheme's approval.