Anka India Receives NCLT Chandigarh Approval for Merger

Anka India Ltd has obtained formal sanction from the Hon’ble National Company Law Tribunal (NCLT), Chandigarh Bench, for the amalgamation of its wholly-owned subsidiary, Futech Internet Private Limited.

Reader Takeaway: This merger consolidation streamlines corporate structure, though shareholders must wait for New Delhi bench final approval.

What just happened

The company announced that the NCLT Chandigarh Bench (COURT-I) has approved the Scheme of Amalgamation involving its transferor entity, Futech Internet Private Limited. This follows earlier disclosures made by the firm in August and September of 2025 regarding the strategic move to consolidate its subsidiary operations.

Why this matters

Corporate restructuring through amalgamation is designed to simplify group operations and improve financial efficiency. For investors, this approval confirms that the company is successfully navigating the legal and regulatory hurdles required to integrate its wholly-owned subsidiary.

Next Steps and Conditions

While the Chandigarh Bench has cleared the scheme, the process remains incomplete. The company must now secure approval for a second motion petition from the NCLT New Delhi Bench. The scheme will only become legally effective once these conditions, along with other statutory and regulatory requirements, are fully satisfied. Management has committed to notifying the exchange immediately once the scheme becomes effective.

What to track next

Shareholders should look for official filings confirming the second motion approval from the NCLT New Delhi Bench. Once that milestone is reached, the company will announce the final effective date for the merger, which will trigger the formal integration of Futech Internet into Anka India's books.