Ekam Leasing & Finance Advances Amalgamation Process with NCLT

NCLT hearing scheduled for October 12, 2026, following formal newspaper notice publication.
Amalgamation involves Rex Overseas Pvt. Ltd. and S & S Balajee Mercantile Pvt. Ltd.

Reader Takeaway: The company is meeting legal requirements for its merger; watch for the upcoming October court hearing outcome.

What just happened

Ekam Leasing & Finance Co. Ltd. has formally complied with NCLT directions by publishing public notices in The Financial Express and Jansatta. These notices concern the upcoming court hearing on October 12, 2026, regarding the proposed Scheme of Amalgamation between the company and two transferor entities: Rex Overseas Pvt. Ltd. and S & S Balajee Mercantile Pvt. Ltd.

Why this matters

The publication of these notices confirms that the merger process is progressing as mandated by the New Delhi Bench of the NCLT. This move follows the tribunal's August 10, 2026, admission of the joint petition filed under Sections 230-232 of the Companies Act, which is a critical regulatory milestone for the deal.

What changes now

The company is now required to coordinate with multiple regulatory bodies including the Regional Director, Registrar of Companies, Official Liquidator, Income Tax Department, Reserve Bank of India, BSE Limited, and SEBI, as directed by the NCLT. These authorities are part of the due diligence and approval framework required for the final sanction of the scheme.

What to track next

Investors should look for updates following the October 12, 2026, hearing date. Future filings will clarify the court's view on the amalgamation and identify any further compliance tasks required before the merger can be fully finalized and executed.