NCLT approves Pakka Impact merger with Pakka Limited

On December 11, 2025, Pakka Limited announced the NCLT's allowance of the first motion petition for the merger of Pakka Impact Limited. The judgment, reserved on November 6, 2025, and pronounced on December 9, 2025, was subsequently uploaded on the NCLT website. Pakka Limited is a listed public company with an authorized share capital of INR 60,05,00,000 and an issued, subscribed, and paid-up share capital of INR 44,94,81,000 as of April 1, 2025.

Pakka Impact Limited, a wholly-owned subsidiary, had an authorized share capital of INR 5,00,00,000 and an issued, subscribed, and paid-up share capital of INR 2,00,00,000 as of April 1, 2025. The merger aims to eliminate inter-corporate dependencies, optimize resource utilization, enhance efficiency, and reduce compliance requirements. Pakka Impact Limited had a negative net worth of INR -310.20 lakhs as of March 31, 2025, while Pakka Limited reported a net worth of INR 48,943.43 as of the same date.

The NCLT has dispensed with the requirement for meetings of equity shareholders, secured creditors, and unsecured creditors for both companies, given the subsidiary's wholly-owned status and the absence of new share issuance. Pakka Limited will now proceed with subsequent steps to obtain the final approval of the scheme.