NCLT Ahmedabad sanctions scheme for amalgamation of Ironbond Adhesives Pvt Ltd into Iron Build Systems Pvt Ltd effective 01 April 2025.
Transferee company to issue 1 equity share for every 6.44 shares held in transferor company based on valuer's share exchange ratio.
Tribunal directs payment of Rs 50,000 to Regional Director and Rs 30,000 to Official Liquidator as legal fees by transferee company.
Approval subject to compliance with all statutory liabilities including income tax, stamp duty, and regulatory observations.