Please find enclosed,Intimation U/R 30 LODR Reg.2015 for Noting of Receipt of CTC of order passed by NCLT-hyd bench, Authorization for filing INC-28 and To take note of Record date fixed ....
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Uday Jewellery Industries has received the certified copy of the NCLT Hyderabad bench order sanctioning the scheme of amalgamation of Narbada Gems and Jewellery Ltd (transferor) with Uday Jewellery Industries (transferee). The company will now file the certified order with the Registrar of Companies, upon which the scheme will become effective. The Board of the transferor company has fixed Friday, February 27, 2026 as the record date to identify eligible shareholders of Narbada Gems who will receive equity shares of Uday Jewellery Industries as per the scheme. Eligible shareholders of Narbada Gems will be allotted shares in Uday Jewellery in the share entitlement ratio as approved by the NCLT.
This is a key procedural milestone clearing the path for the amalgamation to become effective. Existing Uday Jewellery shareholders may see dilution once new shares are issued to Narbada Gems shareholders, while Narbada Gems shareholders will receive Uday Jewellery shares on the record date.