KOTHARI PETROCHEMICALS LIMITED : AMALGAMATION WITH KOTHARI SUGARS AND CHEMICALS LIMITED APPROVED BY NCLT

• Kothari Petrochemicals Limited (KPL) and Kothari Sugars and Chemicals Limited (KSCL) received an order from NCLT, Chennai. • The order permits joint applications for shareholder and unsecured creditor meetings regarding the Scheme of Amalgamation between KSCL and KPL. • Meetings are set for November 13, 2026, to consider the amalgamation. • Secured creditor Indian Bank has consented, and the NCLT dispensed with the meeting of secured creditors. • The scheme awaits necessary statutory and regulatory approvals.

Kothari Petrochemicals Limited

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