Home India Securities and Exchange Board of India Processing status - Scheme of Arrangement....
Date: 2026-03-20 Category: Not Applicable State: Union Government Country: India

Processing status - Scheme of Arrangement.

Issued by Securities and Exchange Board of India · Not Applicable

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PROCESSING STATUS OF DRAFT SCHEMES AS ON MARCH 20, 2026 I. Comments/NOC/Complaints report awaited from stock exchange(s): Last Date of communi Sr. Applicant Name Processing receipt of cation No (Draft Scheme filed by) Status Scheme received/ issued Mangalam Worldwide Limited 01-Mar-24 NOC awaited Not 1. from Applicable Exchange(s) Vikas EcoTech Limited 21-Mar-25 NOC awaited Not 2. from Applicable Exchange(s) Vadilal Industries Limited 15-Apr-25 NOC awaited Not 3. from Applicable Exchange(s) Diligent Media Corporation Ltd 07-Oct-25 NOC awaited Not 4. from Applicable Exchange(s) Venmax Drugs and Pharmaceuticals Ltd 18-Oct-25 NOC awaited Not 5. from Applicable Exchange(s) True Colors Ltd 19-Dec-25 NOC awaited Not 6. from Applicable Exchange(s) Race Eco Chain Ltd 24-Dec-25 NOC awaited Not 7. from Applicable Exchange(s) Hubtown Ltd 31-Dec-25 NOC awaited Not 8. from Applicable Exchange(s) Balkrishna Paper Mills Ltd 12-Jan-26 NOC awaited Not 9. from Applicable Exchange(s) Ganesh Housing Limited 12-Dec-25 NOC awaited Not 10. from Applicable Exchange(s) Go Digit General Insurance Limited 24-Dec-25 NOC awaited Not 11. from Applicable Exchange(s) ACC Limited 02-Jan-26 NOC awaited Not 12. from Applicable Exchange(s) Ambuja Cements Limited 02-Jan-26 NOC awaited Not 13. from Applicable Exchange(s) Ambuja Cements Limited 03-Jan-26 NOC awaited Not 14. from Applicable Exchange(s)Last Date of communi Sr. Applicant Name Processing receipt of cation No (Draft Scheme filed by) Status Scheme received/ issued Orient Cement Limited 03-Jan-26 NOC awaited Not 15. from Applicable Exchange(s) Lloyds Enterprises Limited 08-Jan-26 NOC awaited Not 16. from Applicable Exchange(s) Tembo Global Industries Limited 16-Jan-26 NOC awaited Not 17. from Applicable Exchange(s) Lloyds Engineering Works Limited 16-Jan-26 NOC awaited Not 18. from Applicable Exchange(s) Devyani International Limited 23-Jan-26 NOC awaited Not 19. from Applicable Exchange(s) Sapphire Foods India Limited 23-Jan-26 NOC awaited Not 20. from Applicable Exchange(s) Divine Power Energy Limited 29-Jan-26 NOC awaited Not 21. from Applicable Exchange(s) Ugro Capital Limited 30-Jan-26 NOC awaited Not 22. from Applicable Exchange(s) Cyber Media (India) Limited 31-Jan-26 NOC awaited Not 23. from Applicable Exchange(s) Cyber Media Research & Services Limited 31-Jan-26 NOC awaited Not 24. from Applicable Exchange(s) Lemon Tree Hotels Limited 02-Feb-26 NOC awaited Not 25. from Applicable Exchange(s) Belrise Industries Limited 13-Feb-26 NOC awaited Not 26. from Applicable Exchange(s) Globe Enterprises (India) Limited 20-Feb-26 NOC awaited Not 27. from Applicable Exchange(s) Vilin Bio Med Limited 27-Feb-26 NOC awaited Not 28. from Applicable Exchange(s) UPL limited 27-Feb-26 NOC awaited Not 29. from Applicable Exchange(s)II. Under process at SEBI: Date of Date of receipt of Last Sr. Processing Applicant Name receipt of NOC from communication No Status Scheme the received/ issued exchanges 1. Draft Scheme of 18-Feb-25 18-Feb- Clarifications Reply amalgamation 2025 sought from awaited filed by "Gujarat exchange on Fluoro chemicals January 28, 2026 Limited" 2. Draft Scheme of 30-Dec-25 30-Dec-25 Reply received on Under arrangement March 20, 2026 Process filed by "Veefin Solutions Limited" 3. Draft Scheme of 30-Dec-25 30-Dec-25 Reply received on Under Arrangement for March 18, 2026 Process the demerger filed by "JSW Energy Limited and GE Power India Limited 4. Draft Scheme of 20-Jan-26 20-Jan-26 Reply received on Under arrangement March 18, 2026 Process filed by Master Components Limited 5. Draft Scheme of 10-Feb-26 10-Feb-26 Reply received on Under arrangement March 04, 2026 process filed by Jubilant Agri and Consumer Products Limited 6. Draft Scheme of 16-Feb-26 16-Feb-26 Reply received on Under arrangement March 16, 2026 Process filed by "Crest Ventures Limited" 7. Draft Scheme of 25-Feb-26 25-Feb-26 Reply received on Under arrangement March 18, 2026 Process filed by "NDL Ventures Limited" 8. Draft Composite 04-Mar-26 04-Mar-26 Clarification Reply Scheme of sought on March awaited Amalgamation 18, 2026 from MB filed by “Privi Speciality Chemicals Limited”Date of Date of receipt of Last Sr. Processing Applicant Name receipt of NOC from communication No Status Scheme the received/ issued exchanges 9. Draft Composite 05-Mar-26 05-Mar-26 Clarifications Reply Scheme of sought from awaited Amalgamation exchange on filed by “IRM March 10, 2026 Energy Limited” 10. Draft Scheme of 05-Mar-26 05-Mar-26 Clarifications Reply Arrangement sought from awaited filed by S A Tech exchange on Software India March 18, 2026 Limited and Mindpool Technologies Limited 11. Draft Scheme of 10-Mar-26 10-Mar-26 NOC received on Under Arrangement March 10, 2026 process filed by GOCL Corporation Limited 12. Draft Scheme of 13-Mar-26 13-Mar-26 NOC received on Under Arrangement March 13, 2026 process filed by "Arihant Capital Markets Limited" 13. Draft Scheme of 13-Mar-26 13-Mar-26 NOC received on Under Arrangement March 13, 2026 process filed by Steadfast Corporation Limited 14. Draft Scheme of 13-Mar-26 13-Mar-26 NOC received on Under Amalgamation March 13, 2026 process filed by "ACC Limited" 15. Draft Composite 13-Mar-26 13-Mar-26 NOC received on Under Scheme of March 13, 2026 process Amalgamation filed by “Orient Cement Limited” 16. Draft Composite 13-Mar-26 13-Mar-26 NOC received on Under Scheme of March 13, 2026 process Amalgamation filed by “True Colors Limited” 17. Draft Composite 16-Mar-26 16-Mar-26 NOC received on Under Scheme of March 16, 2026 process Amalgamation filed by “Lloyds Enterprises Limited”Last date of communication – As per SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017, SEBI endeavors to provide its comments on the Draft Scheme to the stock exchanges within 30 days from the later of the following: (a) date of receipt of satisfactory reply on clarifications, if any sought from the listed entity by SEBI; or (b) date of receipt of opinion from Independent Chartered Accountant, if sought by SEBI; or (c) Date of receipt of Observation Letter’ or ‘No-Objection’ letter from the stock exchanges. (d) date of receipt of copy of in-principle approval for listing of equity shares of the company seeking exemption from Rule 19(2)(b) of Securities Contracts (Regulation) Rules, 1957 on designated stock exchange, in case the listed entity is listed solely on regional stock exchange. In case the draft scheme of amalgamation has remained unattended or there is an inordinate delay, the company should not hesitate to write to the Chief General Manager, Shri Deep Mani Shah (deepmanis@sebi.gov.in) or Executive Director, Shri Jeevan Sonparote (jeevans@sebi.gov.in).

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