Intimation of receipt of order dated 07th October 2025 of the Hon ble National Company Law Tribunal, Mumbai Bench ( NCLT Mumbai ) in Company Petition No. 217/MB/2024 connected with Company Application No. 35/MB/2024 filed in relation to the Scheme of Amalgamation ( Scheme ) among SGS Infosystems Private Limited ( Transferor Company-1 ) and SGS Tekniks Manufacturing Private Limited ( Transferor Company-2 ) with Syrma SGS Technology Limited ( Transferee Company ) and their respective shareholders under the provisions of Sections 230-232 of the Companies Act, 2013 and other applicable provisions thereof
SYRMA · price
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Awaiting price reaction for this filing.
Syrma SGS Technology has informed the stock exchanges about receiving an order dated 7th October 2025 from the NCLT Mumbai Bench in relation to the Scheme of Amalgamation involving two group companies — SGS Infosystems Private Limited and SGS Tekniks Manufacturing Private Limited — merging into Syrma SGS Technology Limited. The petition was filed under Sections 230-232 of the Companies Act, 2013, which governs mergers and amalgamations. Receipt of the NCLT order signals that the tribunal has heard and disposed of the merger petition, likely sanctioning the scheme. This is part of the company's internal group restructuring and consolidation exercise.
This is a positive corporate housekeeping event that consolidates group entities under Syrma SGS, potentially enabling smoother operations and synergies. Shareholders are unlikely to see any direct cash impact, but the merged businesses will now formally form part of Syrma SGS's financials going forward.