Acquisition / mergerFiled on NSE ·
Kothari Petrochemicals Ltd informs NSE on NCLT order for amalgamation scheme
Kothari Petrochemicals Ltd · Chemicals & Petrochemicals
What the filing says
- NCLT Chennai Bench approved application on Sept 30, 2026 for amalgamation scheme of Kothari Sugars and Chemicals Ltd into Kothari Petrochemicals Ltd
- Meetings of equity shareholders and unsecured creditors scheduled for Nov 13, 2026 to consider the scheme
- Secured creditors' meeting dispensed due to consent from Indian Bank, secured creditor of both companies
Original filing
Scheme of Arrangement
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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.