Merger17 Apr 2026, 08:11 pm
Amber Enterprises: NCLT reserves order on AmberPR amalgamation
AI Summary
Amber Enterprises India Ltd provided an update on the scheme of amalgamation with its wholly-owned subsidiary, AmberPR Technoplast India Private Limited. The joint first motion application (CA(CAA)/11/Chd/Pb/2026) for the amalgamation was heard by the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, on April 17, 2026. After hearing the submissions, the NCLT has reserved its order. The company will issue further updates once the order is officially pronounced by the Tribunal. This follows previous intimations regarding the scheme on October 22, 2024, and May 17, 2025.
Key Highlights
- NCLT heard amalgamation application for Amber Enterprises and AmberPR.
- The application concerns the merger of a wholly-owned subsidiary.
- NCLT Chandigarh Bench has reserved its order on the application.
- Company awaits pronouncement of the order for further updates.