Sonata Software Limited announces NCLT approval of merger with Encore I.T. Services
Sonata Software · IT - Software
Key highlights
- NCLT Chennai Bench sanctioned Scheme of Arrangement and Amalgamation on 5 June 2026
- Merger is between Encore I.T. Services Solutions Pvt Ltd (Transferor) and Sonata Software Ltd (Transferee)
- Scheme will take effect upon filing certified NCLT order copy with Registrar of Companies
Why it's rated notable: The NCLT sanction of the amalgamation of the wholly owned subsidiary Encore I.T. Services Solution Private Limited is binding, but the filing states no consideration or value and the scheme is not yet effective pending ROC filing, so it is rated medium at most.
Original filing
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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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.