NCLT approves Centum Electronics amalgamation scheme

The National Company Law Tribunal (NCLT), Bengaluru Bench, has approved the scheme of amalgamation between Centum T&S Private Limited, a wholly-owned subsidiary, and Centum Electronics Limited. The NCLT's order was pronounced on October 29, 2025, with the appointed date for the amalgamation being April 1, 2024.

Centum Electronics, a listed company, will absorb Centum T&S Private Limited, with the scheme becoming effective upon filing of the certified order with the Registrar of Companies. The NCLT also directed Centum Electronics to deposit INR 75,000 with the Ministry of Corporate Affairs and INR 25,000 with "The Prime Minister National Relief Fund" within four weeks of the order.

All employees of the transferor company will be absorbed into Centum Electronics, ensuring continuity of service and no less favorable employment terms. Centum Electronics has also undertaken to settle any disputed statutory dues as and when they crystallize or become payable.