Meeting Details
- Date: Wednesday, 30th September 2026
- Location: Conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM)
- Type: Court Convened Meetings ordered by National Company Law Tribunal, New Delhi Bench
- Meeting Schedule:
- Equity Shareholders Meeting: 10:30 a.m. IST
- Secured Creditors Meeting: 12:30 p.m. IST
- Unsecured Creditors Meeting: 3:30 p.m. IST
Proposed Resolution
Approval of Scheme of Amalgamation of Avinya Batteries Limited (Transferor Company) with PPAP Automotive Limited (Transferee Company) and their respective shareholders.
Voting Process
- Remote e-voting facility commenced on 26th September 2026 at 9:00 a.m. IST
- Remote e-voting concluded on 29th September 2026 at 5:00 p.m. IST
- E-voting window activated for 15 minutes from conclusion of meetings
- Voting results will be announced within two working days by posting on company website
- Results will be filed with National Stock Exchange of India Limited and BSE Limited
- Results will be submitted to Hon'ble NCLT within seven days of meeting conclusion
Meeting Attendance
Chairperson: Mr. Sanjiv Dutt, IRS(R), Ex-Member, National Company Law Tribunal (appointed by NCLT)
Scrutinizer: Mr. Himanshu Kaushik, Advocate (appointed by NCLT)
Company Representatives:
- Mr. Abhishek Jain, Managing Director & Chief Executive Officer
- Mr. Sachin Jain, Chief Financial Officer
- Ms. Pankhuri Agarwal, Company Secretary
Compliance and Notification
- Notice of meetings along with explanatory statement under Section 102 of Companies Act 2013 read with Sections 230(3) and 232(2) sent through email to all members, creditors and statutory authorities
- Advertisements published in Business Standard (English, Delhi Edition) and Business Standard (Hindi, Delhi Edition)
- Quorum was present in all meetings