Mac Charles India Ltd — Important, 17-01-2026: Company Update

Mac Charles (India) Ltd received an NCLT order advancing its Scheme of Arrangement with Embassy Prism Ventures Ltd. The Tribunal corrected earlier data discrepancies, confirming 7,591 shareholders and 4 secured creditors totaling 1105.34 Cr, with most consenting. One unsecured creditor of 0.03 Cr for the other company also consented. The NCLT has now set the equity shareholders' meeting for February 25, a crucial step for the scheme's progression. This update clarifies critical details for investors.