Ugro Capital Limited NCLT Amalgamation Order Certified
Ugro Capital Limited, a non-bank financial institution (NBFI), notified NSE of receipt of the certified copy of an NCLT order dated 6 August 2026 approving an amalgamation or merger. The order was issued by the National Company Law Tribunal, the sole statutory arbiter of scheme-of-arrangement sanction under Companies Act 2013. The NSE filing confirms the deal has passed the final judicial gate and is now in implementation phase. The identity of the other party and consideration remain undisclosed in the NSE announcement.
Why it mattersNCLT sanction of a merger under the Companies Act 2013 s.230–232 marks the statutory completion gate; the certified order triggers stock exchange disclosure and post-sanction implementation mechanics (share allotment, scheme of arrangement execution) that practitioners must sequence with Registrar filing and MCA approval.
Counsel—
SectorFinancial Services
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Sources
- NSE Corporate Filings Archive · official
- NCLT (National Company Law Tribunal) · official
- BSE Corporate Action · official
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