Lactose (India) Finalizes Merger Record Date

Record Date: November 02, 2026
Share Exchange Ratio: 0.7946 equity shares for every 1 Vitanosh share

Reader Takeaway: The record date marks the final phase of the Vitanosh merger, consolidating operations and restructuring the share capital.

What just happened

Lactose (India) Limited has officially fixed November 02, 2026, as the record date for the amalgamation of Vitanosh Ingredients Private Limited into its own operations. This follows the approval of the scheme by the National Company Law Tribunal (NCLT), Ahmedabad Bench, on August 05, 2026. The company’s Board of Directors finalized this date during their meeting on October 21, 2026.

Why this matters

For shareholders of Vitanosh Ingredients, this date is the critical checkpoint to establish eligibility for receiving shares in the merged entity. Under the approved swap ratio, eligible shareholders will receive 0.7946 fully paid-up equity shares (face value INR 10) of Lactose (India) Limited for every single share held in Vitanosh Ingredients. This integration is designed to align the operations of the two entities under the Lactose (India) umbrella.

What changes now

The fixing of the record date indicates that the legal and regulatory process for the corporate restructuring is reaching its final stages. Existing shareholders of Lactose (India) Limited should look toward the subsequent allotment process, which will effectively increase the company’s share capital base. The focus for investors will now shift to the actual credit of these new shares into the respective demat accounts post-November 02.

What to track next

Investors should monitor the company's upcoming disclosures regarding the timelines for the share allotment process. As the merger integrates Vitanosh Ingredients' operations, shareholders should track the company’s future quarterly reports to see the impact of this consolidation on the overall financial performance of Lactose (India) Limited.