Vindhya Telelinks receives NSE & BSE NOC for Birla Cable amalgamation scheme
On 14 August 2026, NSE issued a no-objection observation letter and BSE issued a no-adverse-observations letter regarding the Scheme of Amalgamation between Birla Cable Limited (Transferor Company) and Vindhya Telelinks Limited (Transferee Company). The scheme operates under Sections 230 to 232 of the Companies Act, 2013, and covers shareholders and creditors of both entities. The observation letters confirm stock exchange approval, a mandatory prerequisite before filing with the National Company Law Tribunal (NCLT) for judicial sanction.
Why it mattersStock exchange NOC is a critical pre-NCLT gate for listed amalgamations; receipt signals both exchanges' comfort with the scheme structure, corporate benefit test, and minority protection, substantially derisking the subsequent NCLT approval phase.
Counsel—
SectorTelecom
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