NCLT order received on scheme of amalgamation of wholly owned subsidiary; matter listed 23 October 2026

Scheme of amalgamation of AmberPR Technoplast India Private Limited, a wholly owned subsidiary, with and into the company.

Thu 1 Oct 2026

NCLT Order Date

NCLT Chandigarh Bench order dated 25 September 2026

Order Received Date

received on 1 October 2026

Statutory Authority Update Window

Other statutory authorities have two weeks to file reports, else it is presumed they have no objections

Company Response Deadline

Company response due within one week thereafter

Next Hearing Date

Matter listed for further consideration on 23 October 2026

The company has informed the stock exchanges about the latest step in the scheme of amalgamation under which AmberPR Technoplast India Private Limited, its wholly owned subsidiary, is to merge with and into the company. The scheme is being pursued under Sections 230 to 232 of the Companies Act, 2013.

Order received

• The National Company Law Tribunal, Chandigarh Bench, passed an order on 25 September 2026 in CP(CAA) No. 18/Chd/Pb/2026 connected with CA(CAA) No. 11/Chd/Pb/2026.
• The company received the order on 1 October 2026.
• The matter is at the second motion stage and is listed for further consideration on 23 October 2026.

What the tribunal noted

• The Income Tax Department submitted a report raising no objection against the proposed scheme.
• The Official Liquidator submitted a report in which no adverse observations have been pointed out against the proposed scheme.
• No one appeared on behalf of the RD, ROC, SEBI, NSE and BSE, and no reports were shared by them.

Timelines set by the tribunal

• The other concerned statutory authorities may file their reports within two weeks, failing which it will be presumed that they have no adverse observations or objections against the scheme.
• The petitioner company has been directed to submit its response or report within one week thereafter.

What this means

This is an update on the progress of a corporate restructuring in which a wholly owned subsidiary is being merged into the listed parent. The order records the status of reports from statutory authorities and sets out the next dates in the process. The matter remains before the tribunal for further consideration.

Points to track

• The outcome of the hearing listed on 23 October 2026.
• Any further orders of the tribunal on the scheme.
• The company has said it will take all necessary steps to keep the stock exchanges informed of further developments.

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