NCLT Ahmedabad approves application for convening creditor and shareholder meetings for amalgamation of Kilburn Chemicals and Meghmani Crop Nutrition into Meghmani Organics.
Appointed date for the amalgamation is set for 01.01.2026, aiming to simplify group structure and achieve operational synergies.
Meetings dispensed for shareholders of transferor companies due to consent; secured and unsecured creditor meetings scheduled for 06.06.2026.
Transferee company Meghmani Organics, a listed entity, has 1,37,915 equity shareholders and over Rs. 1,014 crore in combined creditor debt.