Merger18 Apr 2026, 01:01 pm
Piramal Finance files amalgamation scheme application with NCLT
AI Summary
Piramal Finance Limited, along with Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, and DHFL Investments Limited (collectively, the 'Transferor Companies'), has filed a Company Application with the National Company Law Tribunal (NCLT), Mumbai Bench, on April 18, 2026. This application pertains to a scheme of amalgamation among these entities and their respective shareholders and creditors, as previously intimated on March 27, 2026. The scheme is being pursued under Sections 230 to 232 of the Companies Act, 2013, with Piramal Finance Limited designated as the Transferee Company.
Key Highlights
- Piramal Finance filed an amalgamation scheme application with NCLT.
- The application was submitted to the NCLT Mumbai Bench on April 18, 2026.
- The scheme involves Piramal Finance and three other transferor companies.
- This follows a prior intimation regarding the amalgamation scheme.