Pranavaditya Spinning Mills: Hon'Ble NCLT Order In The Matter Of Scheme Of Amalgamation Of Pranavaditya Spinning Mills Limited ('The Company') With Indo Count Industries Limited ('Holding Company/ Transferee Company')

We wish to inform the exchange that in the Company application No. CP(CAA)/228/MB-IV/2021 in CA(CAA)/143/MB-IV/2021 on aforesaid scheme of amalgamation the Honble National Company Law Tribunal (NCLT) Mumbai Bench vide its order dated 18th July 2022 (uploaded on NCLT website on 19th July 2022) has admitted the Petition filed for amalgamation of Company with Indo Count Industries Limited Holding Company under Sections 230-232 of the Companies Act 2013 and said petition is fixed for hearing and final disposal on 10th August 2022.