NCLT Approves Sparsh Vidyut R&H Spaces Amalgamation

NCLT Mumbai Bench approves amalgamation scheme of Sparsh Vidyut Private Limited into R&H Spaces Private Limited, its wholly-owned subsidiary.
Scheme involves exchange ratio of 41 R&H shares for every 250,000 Sparsh Vidyut shares, with appointed date of 01.04.2025.
Tribunal dispenses with meetings of shareholders and creditors based on 100% consents from equity shareholders and unsecured creditors.
Companies directed to serve notices to regulatory authorities including ROC, Income Tax, GST, and publish advertisements in newspapers.