NCLT approves Triton Valves merger with wholly-owned subsidiary
The National Company Law Tribunal (NCLT) has admitted a second motion petition concerning the proposed merger of Tritonvalves Climatech Private Limited, a wholly-owned subsidiary, with Triton Valves Limited. The NCLT's order, dated September 26, 2025, directs the issuance of notices to relevant authorities and sectoral regulators regarding the amalgamation.
The NCLT order follows a first motion petition on August 28, 2025, which dispensed with the requirement for meetings of equity shareholders, secured creditors, and unsecured creditors of the Petitioner Companies. Triton Valves will now proceed with the subsequent steps to secure final approval for the scheme from the NCLT.
All authorities receiving notice are directed to file their representations, if any, within 30 days. The case is scheduled for its next listing on November 19, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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