Scheme Details
The disclosure pertains to a Composite Scheme of Arrangement between:
- Laurus Synthesis Private Limited (Demerged Company/Transferor Company)
- Sriam Labs Private Limited (Resulting Company)
- Laurus Labs Limited (Transferee Company)
The Scheme involves:
1. Demerger of Laurus Synthesis Private Limited whereby the Identified Business Undertaking (Unit-1 of LSPL) shall be demerged into Sriam Labs Private Limited
2. Amalgamation of the Remaining Business Undertakings of LSPL (entire LSPL excluding Unit-1) with Laurus Labs Limited
NCLT Order Update
The Hon'ble National Company Law Tribunal, Amravati Special Branch (NCLT) pronounced an order on July 24, 2026, which was uploaded on the official NCLT website (https://nclt.gov.in) on the disclosure date.
The NCLT order directs the Petitioner Companies to:
- Serve the notice of the hearing of the Petition in Form No. CAA-3 to concerned authorities/regulators and other stakeholders
Next Hearing Date
The next date of hearing for consideration of the Scheme has been scheduled for September 10, 2026.
Document History
This disclosure is in furtherance of previous communications dated August 21, 2025, September 05, 2025, February 24, 2026 and April 07, 2026 regarding the same Composite Scheme of Arrangement.
Financial Impact
Financial impact not quantified in the disclosure.