TVS Supply Chain Solutions Limited announced that the National Company Law Tribunal (NCLT), Chennai Bench, has sanctioned its Scheme of Amalgamation. This pivotal order, dated 7th July 2026, approves the amalgamation of Mahogany Logistics Services Private Limited and several other entities with TVS Supply Chain Solutions Limited. The Scheme aims to streamline operations and enhance the combined entity’s market position. The effective date for the amalgamation is set as April 01, 2023.
Scheme Sanctioned by NCLT Chennai
TVS Supply Chain Solutions Limited has received a significant approval for its proposed Scheme of Amalgamation. The National Company Law Tribunal (NCLT), Chennai Bench, issued an order on July 7, 2026, sanctioning the amalgamation. This landmark decision paves the way for the integration of Mahogany Logistics Services Private Limited, TVS SCS Global Freight Solutions Limited, White Data Systems India Private Limited, SPC International (India) Private Limited, and FLEXOL Packaging (India) Limited into TVS Supply Chain Solutions Limited. The scheme, approved by the Tribunal, is a crucial step towards optimizing the group’s corporate structure and operational efficiencies.
Key Terms of the Amalgamation
The amalgamation is set to become effective from the Appointed Date of April 01, 2023, following the necessary filings with the Registrar of Companies. The order signifies the Tribunal’s acknowledgment of the proposed business combination’s compliance with statutory requirements and its beneficial impact on the companies involved. Further communications regarding the scheme’s effectiveness will be made to the stock exchanges as required.
Source: BSE
