Share India Securities: NCLT Approves Scheme of Amalgamation with Rectification Order

Share India Securities Limited has received a certified true copy of the Rectification Order from the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench. This order, dated October 12, 2026, along with the certified true copy of the Scheme of Amalgamation, confirms the approval of the amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited. The Scheme is effective upon filing with the Registrar of Companies.

NCLT Approves Share India Amalgamation

Share India Securities Limited has announced the receipt of a crucial Rectification Order from the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench. The order, dated October 12, 2026, along with the certified true copy of the Scheme of Amalgamation, officially confirms the approval of the amalgamation between Silverleaf Capital Services Private Limited and Share India Securities Limited. This marks a significant step forward in the planned merger, which has been ongoing since prior disclosures in 2026.

Key Details of the Order

The Rectification Order addresses specific points within the previous sanctioning order, including the correction of the Appointed Date for the Scheme. The NCLT’s order rectifies paragraph 1 and 34(ii) of the original order, establishing the Appointed Date for the Scheme as April 1, 2026. This clarity is essential for the operational commencement of the merged entity.

Scheme Effectiveness

The Scheme of Amalgamation will officially become effective once the certified copy of the sanction order is filed with the Registrar of Companies, Ahmedabad. This filing signifies the finalization of the legal process, allowing the integration of Silverleaf Capital Services Private Limited into Share India Securities Limited to proceed.

Document Availability

Certified true copies of the NCLT’s Order and the Scheme of Amalgamation are enclosed with this disclosure and are also available for public viewing on the company’s official website at www.shareindia.com.

Source: BSE

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