09-Oct-2026 18:13:38
MOLAcquisition and merger
MOL : NCLT APPROVES MERGER OF WHOLLY OWNED SUBSIDIARIES
• NCLT Ahmedabad bench sanctions scheme of amalgamation of Kilburn Chemicals and Meghmani Crop Nutrition with Meghmani Organics • Both transferor companies are wholly owned subsidiaries; no consideration or shares to be issued by MOL • Appointed date 01.01.2026; scheme becomes effective on filing certified order with Registrar of Companies, Ahmedabad • Kilburn Chemicals FY25 revenue from operations ₹33.96 Cr with loss before tax of ₹89.08 Cr • Meghmani Crop Nutrition FY25 revenue from operations ₹40.50 Cr with profit before tax of ₹5.37 Cr • NCLT clarified the ₹21.73 Cr tax demand on Kilburn will not be reduced by this order; IT department free to examine transferor's case
Meghmani Organics Limited
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