NCLT Mumbai sanctioned Nami Capital's amalgamation into listed Pradeep Metals. The scheme takes effect once the order is filed with the Registrar of Companies.
Execution
Effective on filing of the certified NCLT order with the Registrar of Companies, Mumbai; effective date to be disclosed later
Pradeep Metals Ltd held an NCLT-convened meeting to approve its amalgamation with Nami Capital Private Limited. The scheme aims to consolidate operations and unlock strategic benefits.
Pradeep Metals Limited received an NCLT order to convene a meeting of equity shareholders regarding its proposed amalgamation with Nami Capital Private Limited. The tribunal directed the meeting for considering and approving the scheme, which aims to simplify the group structure and consolidate operations. The company will intimate the meeting date in due course.
