Saksoft receives NCLT rectified order for Augmento Labs merger
SAKSOFT · price
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Saksoft Limited informed exchanges about receiving a rectified order from NCLT Chennai Bench for the Scheme of Amalgamation of its wholly owned subsidiary Augmento Labs Private Limited into Saksoft. The original order was passed on September 16, 2026. Rectifications only fix typographical errors such as the appointed date of 01.04.2026 and clause references. No new shares will be issued since Augmento Labs is a wholly owned subsidiary. The merger aims to simplify group structure and cut overheads.
Procedural update. NCLT merger scheme nearing completion. No share dilution since wholly owned subsidiary. Effective from April 1, 2026.