Polycab India Limited has announced the completion of its amalgamation with Uniglobus Electricals and Electronics Private Limited. The scheme of amalgamation, which received approval from the National Company Law Tribunal (NCLT) Ahmedabad Bench on February 27, 2026, has now been filed with the jurisdictional Registrar of Companies, marking March 27, 2026, as the effective date.
The amalgamation process was initiated with the aim of consolidating operations and enhancing operational efficiencies. According to the details provided, the certified copy of the NCLT order sanctioning the scheme has been duly filed, thereby making the scheme operative and effective from the stated date.
This strategic move is expected to streamline the business operations of Polycab India, allowing for a more integrated approach to its electricals and electronics business. The completion of this amalgamation is a significant milestone for Polycab India as it seeks to strengthen its market position and expand its operational capabilities.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).