NCLT Orders Dispensation of Meetings for Radico Khaitan Amalgamation Scheme
The National Company Law Tribunal (NCLT) has passed a significant order related to the ongoing scheme of amalgamation involving Radico Khaitan Limited and its wholly owned subsidiary and step down companies. The Order was issued by the Hon'ble NCLT, Allahabad Bench, on June 01, 2026.The scheme pertains to the amalgamation between Radico Khaitan Limited (the Transferee Company) and a group of Transferor Companies. These subsidiaries include Radico Spirits India Private Limited, Equibuild Realtors Private Limited, Compaqt Era Builders Private Limited, Accomreal Builders Private Limited, Firstcode Reality Private Limited, Destihomz Buildwell Private Limited, Proprent Era Estates Private Limited, and Binayah Builders Private Limited.
The NCLT order dated June 01, 2026 specifically addressed two key operational aspects of the amalgamation process. The Tribunal directed dispensation for both the equity shareholders of the Transferor Companies. Additionally, the order dispensed with the meeting of Equity Shareholders, Secured Creditors, and Unsecured Creditors of Radico Khaitan Limited.
RADICO Stock Price Movement
Shares of Radico Khaitan Limited slipped by 0.21% to settle at ₹3502.4 today, following the market close. The equity saw a traded volume of 191,865 shares during the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.