Polycab India Limited has informed the Exchange regarding 'Intimation of Effective date of Amalgamation'.
POLYCAB · price
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Polycab India has announced that the scheme of amalgamation of Uniglobus Electricals and Electronics Private Limited with Polycab has become effective from March 27, 2026. The NCLT Ahmedabad Bench had approved the scheme via its order dated February 27, 2026. Following this, the certified copy of the NCLT order was filed with the jurisdictional Registrar of Companies on March 27, 2026, which triggered the effective date as per Clause 20.4 of the scheme. Uniglobus has now been formally amalgamated into Polycab India. This marks the completion of the merger process that was previously approved by the tribunal.
Uniglobus Electricals and Electronics is now legally merged into Polycab, consolidating its operations, assets, and liabilities under Polycab. Shareholders should see this as a completed acquisition that could contribute to future revenue and earnings, though immediate financial impact will depend on the size and nature of Uniglobus's business.