NCLT Approves Share India Securities Amalgamation

The Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench – I, has officially approved the Scheme of Amalgamation involving Silverleaf Capital Services with Share India Securities. This significant corporate restructuring received its formal clearance via an order issued on August 20, 2026.

Share India Securities, designated as the Transferee Company, will absorb Silverleaf Capital Services, which functions as the Transferor Company under this arrangement. This approval marks a crucial step in their merger process, as communicated by Share India Securities.

Navigating the Amalgamation Process

The NCLT’s order, dated August 20, 2026, was made publicly available on the tribunal’s website at 04:16 pm on the same day. This follows a previous disclosure from Share India Securities on September 28, 2025, concerning the ongoing scheme.

Following this approval, Share India Securities is now required to file a copy of the NCLT order with the Registrar of Companies within a stipulated timeframe. Upon completion of this filing, Silverleaf Capital Services will formally cease to exist as a separate entity, standing fully amalgamated into Share India Securities.

This corporate action adheres to Regulations 30, 51, and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full order is accessible on both the NCLT’s official website and Share India Securities’ company website.

The finalization of this amalgamation now hinges on the timely submission of the certified NCLT order to the Registrar of Companies, which will then solidify the merger of Silverleaf Capital Services into Share India Securities.