BMW Industries merger with subsidiaries receives final tribunal approval

BMW Industries Limited announced on September 27, 2025, that it has received the final motion order from the National Company Law Tribunal, Kolkata Bench. This order, dated September 26, 2025, sanctions the scheme of amalgamation involving its wholly-owned subsidiaries.

The approved scheme will see BMW Iron & Steel Industries Limited and Nippon Cryo Private Limited amalgamate with BMW Industries Limited. The amalgamation is in accordance with sections 230 to 232 of the Companies Act, 2013.

The appointed date for this scheme is April 1, 2024, and it will become effective upon the date of sanction by the Tribunal. This development was communicated as an intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, to both the BSE Limited and The Calcutta Stock Exchange Limited.