Ador Fontech has informed that Hon’ble National Company Law Tribunal, Mumbai Bench (NCLT) has by pronouncement dated 20th August 2024 sanctioned the Scheme of Amalgamation of Ador Fontech (Transferor Company or ADFL) with Ador Welding (Transferee Company or AWL) and their respective Shareholders pursuant to the provisions of Section 230-232 and other applicable provisions of the Companies Act, 2013 and the Rules made thereunder (The Scheme). A copy of the Order of the NCLT sanctioning the Scheme (Order), as uploaded on the website of the Hon’ble NCLT on 21st August 2024, is enclosed. The Scheme will be effective from the date on which a certified copy of the afore-mentioned sanctioned order of Hon’ble NCLT is filed with the Registrar of Companies by the Transferor Company and Transferee Company. The effective date will be communicated to the Stock Exchange for further public dissemination as and when the sanctioned order is filed, and the Scheme becomes effective.
The above information is a part of company’s filings submitted to BSE.
