NCLT sanctions amalgamation of step-down subsidiary VASPL with Ventura Securities
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NCLT Mumbai on July 21, 2026 sanctioned the amalgamation of Ventura Allied Services Private Limited (VASPL), a step-down subsidiary in BPO and IT business, with Ventura Securities Limited (VSL), a subsidiary engaged in stock broking and commodities broking. VASPL is a wholly owned subsidiary of VSL, so no consideration is payable. Appointed date is April 1, 2024. VASPL will be dissolved without winding up and all assets, liabilities and employees will transfer to VSL.
Internal group restructuring with no cash impact. Simplifies the Ventura group structure by merging wholly owned subsidiaries.