Date: September 9, 2026
Board Meeting Outcomes
- National Company Law Tribunal, Division Bench Court – II, Chennai has sanctioned the scheme of amalgamation between Forge 2000 Private Limited (wholly-owned subsidiary) and Axles India Limited (Subsidiary)
- NCLT order dated August 27, 2026
- Order uploaded to NCLT portal on September 8, 2026
Other Operational / Legal / Strategic Disclosures
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Forge 2000 Private Limited is identified as wholly-owned subsidiary of TSF Investments Limited
- Axles India Limited is identified as subsidiary of TSF Investments Limited
- Scheme involves amalgamation of Forge 2000 Private Limited (Transferor Company) into Axles India Limited (Transferee Company)