Saksoft Limited has informed the Exchange about Amalgamation/Merger
SAKSOFT · price
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Saksoft Limited has informed the exchanges that it received a rectified order from the NCLT Chennai Bench, correcting factual errors in the original order dated March 21, 2025. The rectification fixes the name of the third transferor company to 'Terafast Networks Private Limited' and corrects other references in the order. This is a follow-up to the company's earlier intimation dated March 28, 2025. The underlying matter is a Scheme of Amalgamation involving Saksoft and other entities, already approved by NCLT with only clerical corrections now made. No new substantive changes to the scheme have been introduced.
This is a procedural update with no material change to the merger — only corrections of clerical/factual details in the NCLT order. Shareholders should see no impact on the deal's economics or timeline; the amalgamation scheme continues to move forward toward completion.