Euro Ceramics Ltd. to Extinguish Capital and Delist Following Acquisition
Euro Ceramics Ltd. is set to extinguish its existing paid-up capital and delist from the BSE, following an acquisition by Jaquar And Company Pvt Ltd. The decision follows an order from the Hon'ble National Company Law Tribunal (NCLT) Mumbai Bench, dated August 13, 2025.Jaquar And Company Pvt Ltd. acquired Euro Ceramics Ltd. as a going concern through an e-auction process concluded May 1, 2025, under the direction of Liquidator Mr. Premraj Ramratan Laddha. The NCLT order, reference IA(I.B.C)/2832( MB)2025 IA(I.B.C)/2848(MB)2025 IN C.P. (IB)/66 (MB)2018, permits the extinguishment of the existing paid-up capital, subject to approvals from the Securities and...