NCLT admits second motion petition for Sammaan Capital-Finserve scheme
SAMMAANCAP · price
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The NCLT New Delhi Bench has admitted the Second Motion Petition for the proposed Scheme of Arrangement between Sammaan Capital and Sammaan Finserve Limited. The tribunal has directed notices to statutory authorities including SEBI, RBI, Income Tax and RoC, and publication in two newspapers. Next hearing is fixed for November 16, 2026. This is a procedural step under Sections 230-232 of the Companies Act.
Routine procedural step in the demerger scheme. No immediate financial impact on shareholders; outcome depends on next hearing.