Aequs Limited Obtains Bengaluru Regional Directorate Approval for Subsidiaries’ Amalgamation Scheme Effective April 2026
Scheme now awaits filing with Registrar of Companies after Ministry of Corporate Affairs reconsideration and approval
Aequs Limited has received sanction from the Regional Directorate, Bengaluru for the Scheme of Amalgamation involving its wholly owned subsidiaries Aero Structures Manufacturing India Pvt Ltd, Aequs Engineered Plastics Pvt Ltd, and Aequs Force Consumer Products Pvt Ltd with effect from April 1, 2026. This follows prior rejection and a successful representation to the Ministry of Corporate Affairs.
Aequs Limited
Acquisition / Amalgamation / Merger / Demerger
Aequs Limited has received official sanction from the Bengaluru Regional Directorate for the Scheme of Amalgamation of its three wholly owned subsidiaries, with effect from April 1, 2026, after a successful appeal with the Ministry of Corporate Affairs correcting a prior rejection.
The Scheme involves Aero Structures Manufacturing India Private Limited, Aequs Engineered Plastics Private Limited, and Aequs Force Consumer Products Private Limited being merged into Aequs Limited, the transferee company.
The Regional Directorate had initially rejected the Scheme on October 12, 2026, but following a representation made by the company and subsidiaries, the Ministry of Corporate Affairs reconsidered and sanctioned the Scheme on November 6, 2026.
The Scheme will become effective once the sanction order is filed with the Registrar of Companies by both the transferor subsidiaries and Aequs Limited.
The company will notify stock exchanges once the filing is complete, and details will be accessible on Aequs Limited’s investor relations website.
Highlights
- Scheme sanctioned by Regional Directorate, Bengaluru on November 6, 2026.
- Involves amalgamation of three wholly owned subsidiaries into Aequs Limited.
- Effective date of amalgamation set as April 1, 2026.
- Initial rejection on October 12, 2026, overturned after Ministry of Corporate Affairs representation.
- Final effectiveness pending filing of the order with Registrar of Companies.
Key Data Snapshot
What happened
- The Regional Directorate, Bengaluru sanctioned the Scheme of Amalgamation involving Aequs Limited and its three wholly owned subsidiaries effective April 1, 2026.
- The Scheme was initially rejected but later approved after representation to the Ministry of Corporate Affairs.
Key details
- The transferor companies are Aero Structures Manufacturing India Private Limited, Aequs Engineered Plastics Private Limited, and Aequs Force Consumer Products Private Limited.
- The Scheme will become effective upon filing the sanction order with the Registrar of Companies.
- The company will update stock exchanges post-filing.
- The Scheme is sanctioned under Section 233 of the Companies Act, 2013.
Regulatory and governance context
- The Scheme was sanctioned by the Regional Directorate, South West Region, Bengaluru.
- The initial rejection was communicated on October 12, 2026, and reconsidered following a representation made by the company.
- Filing of the sanction order is pending to make the Scheme effective.
Highlights
- Scheme sanctioned by Regional Directorate, Bengaluru on November 6, 2026.
- Involves amalgamation of three wholly owned subsidiaries into Aequs Limited.
- Effective date of amalgamation set as April 1, 2026.
- Initial rejection on October 12, 2026, overturned after Ministry of Corporate Affairs representation.
- Final effectiveness pending filing of the order with Registrar of Companies.
Disclosures
- Companies Act, 2013 - Section 233
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Scheme involves wholly owned subsidiaries of Aequs Limited, a related party transaction.
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