Kirloskar Ferrous Industries Ltd announces NCLT approval for merger with two subsidiaries
Kirloskar Ferrous Industries · Ferrous Metals
Key highlights
- NCLT Mumbai Bench-I approved scheme merging Oliver Engineering Pvt Ltd and Adicca Energy Solutions Pvt Ltd into Kirloskar Ferrous Industries Ltd on 2 June 2026
- Scheme effective from appointed date 1 April 2025; transferor companies dissolved without winding up upon merger
- Petitioner companies to file scheme and order with Registrar of Companies within 30 days, and pay differential fees and stamp duty as applicable
Why it's rated notable: The NCLT order of 2 June 2026 approves the merger of two wholly owned subsidiaries into the company with no shares issued and no consideration, an internal restructuring with no stated value, so the level is medium at most.
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 Kirloskar Ferrous Industries
- Fundraise / allotmentNotableKirloskar Ferrous allots 52,900 ESOP shares; board proposes ₹1,000 Cr NCD raise
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Potential multibaggers · Q2 FY27
Potential multibaggers in Ferrous Metals
on management's own guidance
- Jindal SteelGood growth2
- Strong growth1
- Jai Balaji IndustriesGood 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.