Triton Valves Ltd — Important, 11-09-2025: Company Update

Triton Valves Limited has received National Company Law Tribunal (NCLT) approval for the first motion of its merger with wholly-owned subsidiary Tritonvalves Climatech Private Limited. This move aims to simplify the corporate structure. The NCLT dispensed with shareholder and creditor meetings, noting the subsidiary is wholly-owned and no new shares will be issued. Creditors of Tritonvalves Climatech include secured debt of 7.19 Cr. Triton Valves has secured creditors totaling 71.93 Cr and unsecured creditors of 34.22 Cr. The company will now proceed with further steps for the final scheme approval.