Kansai Nerolac: NCLT sanctions merger of wholly owned subsidiary Nerofix Pvt Ltd
Kansai Nerolac Paints · Consumer Durables
Key highlights
- NCLT Mumbai Bench sanctioned the Scheme of Amalgamation by order delivered on 24th September 2026; the Appointed Date of the Scheme is 1st April 2025.
- The Scheme becomes effective on filing the certified NCLT order with the Registrar of Companies, Mumbai; the certified copy is awaited and clerical errors in the order are to be rectified.
- Nerofix is wholly owned by Kansai Nerolac; its paid-up equity share capital will be cancelled with no shares issued, and Nerofix is to be dissolved without winding up.
Why it's rated notable: merger demerger is always high
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Kansai Nerolac Paints
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Other acquisition / merger filings this fortnight
- Acquisition / mergerKothari PetrochemicalsKothari Petrochemicals Limited announces approval of Scheme of Amalgamation
- Acquisition / mergerKothari PetrochemicalsKothari Petrochemicals Limited approves Scheme of Amalgamation on Nov 13, 2026
- Acquisition / mergerFusion CXFusion CX Limited announces board meeting outcomes and key appointments
- Acquisition / mergerFusion CXFusion CX Limited announces latest financial results, dividends, and board appointments
- Acquisition / mergerFusion CXFusion CX Limited announces Q2 FY27 results, dividends, auditor and director appointments
- Acquisition / mergerKothari Sugars & ChemicalsKothari Sugars and Chemicals Ltd announces approval of Scheme of Amalgamation
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.