NCLT Mumbai approves application for amalgamation of Emerson Process Management Power and Water Solutions India into parent Emerson Electric Company India.
Scheme effective from Appointed Date 01.04.2026 aims to simplify corporate structure and achieve operational synergies in industrial automation.
Tribunal dispenses with shareholder and creditor meetings, directs notice to regulatory authorities including ROC, Income Tax, and GST.
Post-merger net worth of transferee company projected at ₹1,398.16 crore with no share issuance as transferor is wholly-owned subsidiary.