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PROCESSING STATUS OF DRAFT SCHEMES AS ON MARCH 27, 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)
Devyani International Limited 23-Jan-26 NOC awaited
Not
11. from
Applicable
Exchange(s)
Sapphire Foods India Limited 23-Jan-26 NOC awaited
Not
12. from
Applicable
Exchange(s)
Divine Power Energy Limited 29-Jan-26 NOC awaited
Not
13. from
Applicable
Exchange(s)
Ugro Capital Limited 30-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
Lemon Tree Hotels Limited 02-Feb-26 NOC awaited
Not
15. from
Applicable
Exchange(s)
Belrise Industries Limited 13-Feb-26 NOC awaited
Not
16. from
Applicable
Exchange(s)
Globe Enterprises (India) Limited 20-Feb-26 NOC awaited
Not
17. from
Applicable
Exchange(s)
Vilin Bio Med Limited 27-Feb-26 NOC awaited
Not
18. from
Applicable
Exchange(s)
UPL limited 27-Feb-26 NOC awaited
Not
19. 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 25, 2026 Process
filed by "Veefin
Solutions
Limited"
3. Draft Scheme of 30-Dec-25 30-Dec-25 Clarifications Under
Arrangement for sought from Process
the demerger exchange on
filed by "JSW March 27, 2026
Energy Limited
and GE Power
India Limited
4. Draft Scheme of 20-Jan-26 20-Jan-26 Revised NOC Under
arrangement received from Process
filed by Master Stock Exchange on
Components March 27, 2026
LimitedDate of
Date of receipt of Last
Sr. Processing
Applicant Name receipt of NOC from communication
No Status
Scheme the received/ issued
exchanges
5. Draft Scheme of 10-Feb-26 10-Feb-26 Clarifications Under
arrangement sought from Process
filed by Jubilant exchange on
Agri and March 27, 2026
Consumer
Products Limited
6. Draft Scheme of 16-Feb-26 16-Feb-26 Clarifications Under
arrangement sought from Process
filed by "Crest exchange on
Ventures March 25, 2026
Limited"
7. Draft Scheme of 25-Feb-26 25-Feb-26 Clarifications Under
arrangement sought from Process
filed by "NDL exchange on
Ventures March 25, 2026
Limited"
8. Draft Composite 04-Mar-26 04-Mar-26 Reply received on Under
Scheme of March 25, 2026 Process
Amalgamation
filed by “Privi
Speciality
Chemicals
Limited”
9. Draft Composite 05-Mar-26 05-Mar-26 Reply received on Under
Scheme of March 23, 2026 Process
Amalgamation
filed by “IRM
Energy Limited”
10. Draft Scheme of 05-Mar-26 05-Mar-26 Reply received on Under
Arrangement March 27, 2026 Process
filed by S A Tech
Software India
Limited and
Mindpool
Technologies
Limited
11. Draft Scheme of 10-Mar-26 10-Mar-26 Clarifications Under
Arrangement sought from Process
filed by GOCL exchange on
Corporation March 27, 2026
Limited
12. Draft Scheme of 13-Mar-26 13-Mar-26 Clarifications Under
Arrangement sought from Process
filed by "Arihant exchange on
Capital Markets March 27, 2026
Limited"Date of
Date of receipt of Last
Sr. Processing
Applicant Name receipt of NOC from communication
No Status
Scheme the received/ issued
exchanges
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 Clarifications Under
Scheme of sought from Process
Amalgamation exchange on
filed by “True March 22, 2026
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”
18. Draft Scheme of 20-Mar-26 20-Mar-26 NOC received on Under
Amalgamation March 20, 2026 process
filed by " Go Digit
General
Insurance
Limited"
19. Draft Scheme of 23-Mar-26 23-Mar-26 NOC received on Under
Amalgamation March 23, 2026 process
filed by “Cyber
Media (India)
Ltd”
20. Draft Scheme of 25-Mar-26 25-Mar-26 NOC received on Under
Amalgamation March 25, 2026 process
filed by Tembo
Global Industries
Limited
21. Draft Scheme of 25-Mar-26 25-Mar-26 NOC received on Under
Amalgamation March 25, 2026 process
filed by Lloyds
Engineering
Works LimitedLast 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).