Pursuant to regulation 30 of SEBI (LODR) Regulation 2015, we inform that the Hon''ble NCLT, Mumbai , vide order dated 28th July 2025, has approved the amalgamation of M/s. Lord''s Mark ....
Awaiting price reaction for this filing.
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the amalgamation of Lord's Mark Industries Limited into Lords Mark India Limited (formerly Kratos Energy & Infrastructure Limited, BSE scrip code 501261) via its order dated 28 July 2025 under a Resolution Plan in CP(IBPP) No. 03/MB/2023. The Ministry of Corporate Affairs has formally given effect to the merger upon filing of Form INC-28. As part of the restructuring, the company's authorised share capital has been raised sharply from Rs 5 crore to Rs 190 crore. The company has stated that further regulatory filings and steps to implement the changes are underway.
The merger consolidates the Lord's Mark group entities under the listed company and the steep rise in authorised share capital signals a likely issuance of new shares to swap with the merging entity's shareholders, which could dilute existing investors. Investors should watch for the share swap ratio and any follow-on disclosures on the structure of the combined business.