Mallcom (India) Limited: NCLT Order for Scheme of Amalgamation with Wholly-Owned Subsidiary Certified Copy Received

M&A / JV 12 Aug 2026 · Filed / open· ✓ Verified

Mallcom (India) Limited, a listed company in the industrial safety and protective equipment sector, has notified the NSE of receipt of the certified copy of the NCLT order in relation to a Scheme of Amalgamation (SA) between itself and its wholly-owned subsidiary, Mallcom VSFT Gloves Private Limited. The NCLT, Kolkata Bench, has approved the scheme. The receipt of certified copy marks the final stage of NCLT approval; the scheme is now ready for implementation, which typically includes filing with the Registrar of Companies, updating stock exchange filings, and formal dissolution of the subsidiary. This is an intra-group consolidation with no external stakeholder involvement, structured as…

Why it mattersReceipt of certified NCLT order marks the point at which amalgamation scheme becomes final; the transferor (subsidiary) will be dissolved and its assets/liabilities vested in the transferee (Mallcom) by operation of law under the Companies Act, 2013-mandatory milestone for filing dissolutions and updating regulatory registers.
Counsel—
SectorIndustrials
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