BEBelding India513307Merger deal announced

Board keeps Draft Scheme of Amalgamation with DC&T Global in abeyance

Belding India's board has decided to keep the Draft Scheme of Amalgamation with DC&T Global Private Limited in abeyance.

By ScoutQuest · Wed 4 Nov 2026, 3:46 AM IST · 2 min read

Board meeting date

November 03, 2026

Scheme first intimated to exchanges

July 30, 2026

Board meeting conclusion time

12:50 A.M. (IST) on November 04, 2026

What the company told the exchanges

• Belding India Limited has given an update on the Draft Scheme of Amalgamation it first intimated on July 30, 2026.
• The scheme was a merger by absorption between DC&T Global Private Limited (the Transferor Company) and Belding India Limited (the Transferee Company), along with their respective shareholders and creditors.
• The Board of Directors, at its meeting held on November 03, 2026, considered and approved keeping this Draft Scheme in abeyance.

Why the board paused it

• The board looked at the commercial and operational aspects of the proposed transaction and the growth opportunities available with DC&T.
• It noted that the amalgamation, at this stage, could have an operational impact on the opportunities available to DC&T.
• To avoid such an impact, the board decided to keep the Draft Scheme in abeyance.

What happens next

• The company has said it will reconsider the proposed transaction at an appropriate time.
• Any further action will be taken after obtaining the requisite approvals of the Board and/or other authorities, as applicable.
• The company will keep the stock exchanges informed of any material developments.

Impact stated by the company

• The Draft Scheme, at this stage, is not pursued.
• The company states that this has no impact, financial or otherwise, on the operations of the Company or DC&T Global Private Limited.

Meeting timing

• The board meeting commenced at 09:30 P.M. (IST) on November 03, 2026 and concluded at 12:50 A.M. (IST) on November 04, 2026.

How a retail investor might read this

• This is a status update on a draft proposal: the amalgamation is not going ahead at this stage, and the company has said it may be reconsidered later.
• The company's own statement is that there is no financial or operational impact from the pause.
• Any fresh movement on the transaction, if and when it is taken up again, would come to investors through a separate exchange intimation.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev