Oberoi Realty Limited Announces Amalgamation of Nirmal Lifestyle Realty Private Limited
Oberoi Realty Limited has announced that the Scheme of Amalgamation involving Nirmal Lifestyle Realty Private Limited (NLRPL) is now effective. The merger, which involves Oberoi Realty Limited (ORL) and their respective shareholders, was formalized on April 14, 2026.The Scheme of Amalgamation details the integration of Nirmal Lifestyle Realty Private Limited with Oberoi Realty Limited. The process reached its effective stage following the filing of requisite forms with the Registrar of Companies, Mumbai, on the specified date.
The amalgamation marks a significant corporate development for both entities, officially making the Scheme effective from April 14, 2026.
OBEROIRLTY Stock Price Movement
On Monday, Oberoi Realty Limited shares edged higher, closing at ₹1685.2 after gaining 0.74% for the session. The equity finished the day on strong momentum, recording an absolute jump of ₹12.30 amidst a high trading volume of 627,290 shares.Source:
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