Aequs Limited’s Scheme of Amalgamation rejected by Regional Director on Oct 12, 2026
Aequs Ltd · Aerospace & Defense
What the filing says
- Scheme involved Aequs Limited and three wholly owned subsidiaries under Section 233, Companies Act 2013
- Rejection due to non-compliance: less than 90% shareholder approval (88.9% voted), no NOC from BSE/NSE, incomplete postal ballot notice details
- Seven pending labour court cases against Transferor Company No.1 noted; applicants may refile after compliance or use Section 232 alternative
Why it's rated notable: The Regional Director rejected the internal restructuring scheme of amalgamation on October 12, 2026 with liberty to refile, and the company states no material impact on business operations, so the level is medium rather than high.
Original filing
Aequs Limited Has informed About The Receipt Of Order From Office Of The Regional Director, South Western Region In Respect Of Rejection Of The Scheme Of Amalgamation
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.