Deep Industries Ltd. Receives NCLT Approval for Kandla Energy and Chemicals Merger
Deep Industries Limited announced on March 24, 2026, that the Scheme of Amalgamation involving Kandla Energy and Chemicals Limited (KECL), a wholly-owned subsidiary, has been sanctioned by the National Company Law Tribunal (NCLT) Ahmedabad Bench. The order, dated March 23, 2026, was uploaded to the NCLT web portal on March 24, 2026.The merger is being processed under Sections 230 to 232 of the Companies Act, 2013, and applicable regulations. The NCLT order is available on the official website of NCLT and Deep Industries Limited’s website at www.deepindustries.com.This follows a prior disclosure made on June 30, 2025, regarding the proposed...