Asian Energy Services Acquisition
Asian Energy Services Ltd received the certified final NCLT order sanctioning the merger of Oilmax Energy Private Limited with the Company.
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Asian Energy Services Ltd received the certified final NCLT order sanctioning the merger of Oilmax Energy Private Limited with the Company.
Asian Energy Services Limited received NCLT sanction for its merger by absorption of holding company Oilmax Energy Private Limited. The consolidation aims to create a stronger energy and minerals entity.
Asian Energy Services held a shareholder meeting to approve the merger of Oilmax Energy Private Limited. The scheme includes a share exchange ratio of 117:10.
Asian Energy Services Limited will hold an NCLT-convened meeting on June 12, 2026, to approve its merger with Oilmax Energy. Shareholders can vote remotely starting June 9.