India Radiators Ltd — Important, 23-03-2026: Company Update

India Radiators Limited has filed its Second Motion Petition with the National Company Law Tribunal (NCLT) regarding the proposed Scheme of Amalgamation. This scheme involves the merger of India Radiators Limited (Transferor Company) with Mercantile Ventures Limited (Transferee Company). This filing is a key step in advancing the amalgamation process, moving it closer to NCLT's consideration and potential approval. This development is important for shareholders as it impacts the company's future corporate structure and operations.