Acquisition / mergerFiled on BSE ·

Shyam Sel and Power Ltd seeks NCLT approval for scheme to amalgamate Shree Venkateshwara Electrocast Pvt Ltd

Shyam Metalics & Energy Ltd

What the filing says

  • Scheme's appointed date changed from 1 April 2025 to 1 April 2024 by NCLT order dated 27 March 2026
  • Transferor company Shree Venkateshwara Electrocast is a wholly owned subsidiary, shares to be cancelled without issuing new shares
  • Notices served to statutory authorities including ROC, Income Tax Dept; no adverse comments received; scheme won't affect ongoing tax proceedings

Original filing

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Read the filing on BSE (PDF) →

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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.