Amber Enterprises India Limited has reached a new milestone in its ongoing Scheme of Amalgamation involving its wholly owned subsidiary, AmberPR Technoplast India Private Limited. The National Company Law Tribunal, Chandigarh Bench, heard the first motion application on April 17, 2026. The Tribunal has officially reserved its order on the matter. The company will provide further updates to shareholders and stakeholders once the formal order is pronounced.
Tribunal Proceedings Update
On April 17, 2026, the National Company Law Tribunal (NCLT) Chandigarh Bench convened to hear the first motion application regarding the proposed merger between Amber Enterprises India Limited and its wholly owned subsidiary, AmberPR Technoplast India Private Limited. Following the presentation of submissions, the Tribunal has reserved its order pending further review.
Details of the Scheme
The consolidation process, initiated to streamline business operations and enhance efficiency, involves the merger of the subsidiary, AmberPR Technoplast, into the parent entity, Amber Enterprises. This strategic move remains a key administrative priority for the company, following preliminary disclosures made in October 2024 and May 2025. The company continues to move forward with the necessary legal filings and approvals required under the Companies Act, 2013.
Next Steps
Amber Enterprises expects to issue a formal update as soon as the NCLT pronounces its order on the application. Shareholders and interested parties are advised to monitor official channels for the upcoming pronouncement regarding this integration process.
Source: BSE
