Ruparel Foods Private Limited has completed its amalgamation with its associate company, SAMT Foods Private Limited, effective November 13, 2026. This move, sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, dissolves SAMT Foods and transfers all its assets and liabilities to Ruparel Foods. Shareholders of SAMT Foods will receive equity shares of Ruparel Foods in a specified ratio as consideration.
Amalgamation of Associate Company
Ruparel Foods Private Limited has announced the successful amalgamation of its associate company, SAMT Foods Private Limited (the ‘Transferor Company’), with itself, now acting as the ‘Transferee Company’. This significant corporate action is effective from November 13, 2026.
Scheme of Amalgamation Details
The amalgamation was carried out under a Scheme of Amalgamation sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, through its final order pronounced on October 31, 2026. The ‘Appointed Date’ for the scheme was set as April 1, 2025. As per the scheme, the entire undertaking of SAMT Foods Private Limited, including its assets, liabilities, and employees, has been transferred to and vested in Ruparel Foods Private Limited. Consequently, SAMT Foods Private Limited stands dissolved without being wound up.
Consideration for Shareholders
In consideration for the amalgamation, Ruparel Foods Private Limited will issue and allot equity shares to the shareholders of SAMT Foods Private Limited. The agreed-upon ratio is 1 equity share of Rs. 10/- each, fully paid-up, for every 5 equity shares of Rs. 10/- each, fully paid-up, held in SAMT Foods Private Limited. This exchange involves 4,00,000 equity shares of Ruparel Foods being issued in lieu of the existing 20,00,000 equity shares held in SAMT Foods.
Effective Date and Regulatory Compliance
A certified copy of the Hon’ble NCLT’s order sanctioning the Scheme of Amalgamation was filed with the Registrar of Companies, Ahmedabad, on November 13, 2026. This filing marks the ‘effective date’ of the Scheme as per its definition, making the amalgamation legally effective from the same day.
Impact on Associate Status
With the scheme becoming effective, SAMT Foods Private Limited ceases to exist as an associate company of Ruparel Foods Private Limited. The transaction is considered to be at arm’s length and falls under a Scheme of Amalgamation, as per the Companies Act, 2013.
Financial Disclosures
For the financial year ending March 31, 2026, SAMT Foods Private Limited contributed significantly to Ruparel Foods. Its turnover or revenue was Rs. 3021.01 Lakhs, representing 881.61% of the company’s total. The net worth contributed by SAMT Foods was Rs. 571.09 Lakhs, which was 121.26% of Ruparel Foods’ net worth.
Source: BSE
