Shareholders approve merger of Roselabs Finance and National Standard into Lodha Developers
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NCLT-convened meeting of Roselabs Finance shareholders held on Oct 9, 2026 approved the scheme of merger by absorption of Roselabs Finance and National Standard (India) into Lodha Developers. Total 84.10% shares polled. 99.41% votes in favour (83.6 lakh shares), 0.59% against (50,018 shares). Public shareholders voted 94.92% in favour. Resolution passed as special resolution with requisite majority.
Merger process advances. Shareholders of Roselabs Finance and National Standard to be absorbed into Lodha Developers subject to final NCLT approval.