MosChip Technologies Receives NCLT Approval for Amalgamation
MosChip Technologies Ltd announced that the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation involving its wholly owned subsidiaries, Softnautics Private Limited and Softnautics Inc, effective from April 4, 2025. The approval was granted on March 25, 2026, and relates to the amalgamation under Sections 230 to 232 and Section 234 of the Companies Act, 2013. A certified true copy of the NCLT order is expected to be received from NCLT Hyderabad and will be disclosed upon receipt. MosChip had previously disclosed information regarding this scheme on April 8, 2025.Source:
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