The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved a significant Scheme of Amalgamation effective February 13, 2026. The scheme merges two wholly-owned subsidiaries—Bhamini Real Estate Developers Private Limited and DLF Urban Private Limited—into DLF Home Developers Limited (DHDL). Upon filing, the Transferor Companies will dissolve, ceasing to be subsidiaries of DLF Limited.
Tribunal Sanctions Corporate Restructuring
DLF Limited today announced a major corporate restructuring following approval from the Hon’ble National Company Law Tribunal (NCLT), Chandigarh Bench. An official Order, dated 13th February 2026, sanctioned the Scheme of Amalgamation.
Details of the Merger Scheme
The approved scheme involves the merger of two wholly-owned entities: Bhamini Real Estate Developers Private Limited and DLF Urban Private Limited. These Transferor Companies are being merged into DLF Home Developers Limited (DHDL), which is itself a wholly-owned material subsidiary of DLF Limited. The amalgamation is processed under Sections 230-232 of the Companies Act, 2013.
Effective Date and Consequence
The Merger Order will officially become effective upon the filing of its certified copy with the Registrar of Companies. Following this filing, the two Transferor Companies will stand dissolved without requiring winding up procedures. Consequently, they will cease to be subsidiaries of DLF Limited.
The information regarding this approval was formally received by DLF Limited from DHDL on February 13, 2026, at 10:45 Hrs. (IST).
Source: BSE
