NCLT Directs Notices for Scheme of Amalgamation involving Amber Enterprises and AmberPR Technoplast
Amber Enterprises India Limited has received a key order from the National Company Law Tribunal concerning the ongoing Scheme of Amalgamation involving its wholly-owned subsidiary, AmberPR Technoplast India Private Limited. The order sets a timeline for involving statutory bodies in the process.The Scheme involves the amalgamation between AmberPR Technoplast India Private Limited (the Transferor Company) and Amber Enterprises India Limited (the Transferee Company). This development follows previous intimations from the company regarding the scheme.
The National Company Law Tribunal, Chandigarh Bench, issued the order dated July 3, 2026. The Company received a copy of this order on July 15, 2026.
Under the Tribunal's directive, notices are to be issued to statutory and regulatory authorities in relation to the Scheme. These authorities include the Central Government, Registrar of Companies, Income-tax Authorities, Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Competition Commission of India, and relevant stock exchanges.
The Tribunal has listed the matter for further consideration on September 2, 2026. All concerned authorities have been directed to submit their representations, if any, within a period of thirty days from receiving the notice. If no representation is received by the deadline, it will be presumed that the authorities have no objection to the proposal.
The parties involved in the Scheme are:
| Entity | Role in Amalgamation |
|---|---|
| AmberPR Technoplast India Private Limited | Transferor Company (Wholly Owned Subsidiary) |
| Amber Enterprises India Limited | Transferee Company (Company) |
AMBER Stock Price Movement
Today, Amber Enterprises India Limited shares edged higher to close at ₹7850.5, marking a solid gain of 1.22%. The stock saw strong buying activity in the post-market session and traded within a range between a low of ₹7807 and a high of ₹7908.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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