Polycab India Limited Scheme of Amalgamation with Uniglobus Electricals Becomes Effective

Polycab India Limited announced that the Scheme of Amalgamation with Uniglobus Electricals and Electronics Private Limited has officially become effective as of March 27, 2026. This follows the order approving the Scheme issued by the Hon’ble NCLT, Ahmedabad Bench, on February 27, 2026. The certified copy of the NCLT Order was filed with the Registrar of Companies today, marking the operative date for the merger.

Amalgamation Scheme Becomes Effective

Polycab India Limited has officially confirmed the operational status of its Scheme of Amalgamation. This scheme involves the merger of Uniglobus Electricals and Electronics Private Limited (the Transferor Company) into Polycab India Limited (the Transferee Company).

This development follows the order passed by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, which approved the Scheme on February 27, 2026.

Finalizing Regulatory Compliance

In compliance with Clause 20.4 of Part III of the Scheme, both companies ensured the filing of the certified copy of the NCLT Order with the respective jurisdictional Registrar of Companies today, March 27, 2026.

Consequently, the Scheme of Amalgamation is confirmed to have become operative and effective from March 27, 2026, which is designated as the ‘Effective Date’.

Company Identifiers

For regulatory purposes, the document confirms the following identifiers for Polycab India Limited:

  • Scrip Code: 542652
  • Scrip Symbol: POLYCAB
  • ISIN: INE455K01017

Source: BSE

Previous Article

PTC Industries Limited ICRA Upgrades Credit Rating to ICRAA(Stable)/ICRAA1 Following Capacity Expansion

Next Article

Manorama Industries Limited Credit Rating Upgraded by Care Edge Ratings