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NCLT has approved the merger of La Reliant Aluminium Limited (Transferor) into Aesthetik Engineers Limited (Transferee). This strategic move aims to be value-accretive for Aesthetik's shareholders by providing direct access to La Reliant's profitable aluminium extrusion business. The amalgamation seeks to achieve greater integration, financial strength, and simplify the overall group structure. La Reliant's shareholders will receive shares in Aesthetik. The merger is effective from April 1, 2025, promoting efficient cash management and leveraging combined assets for future growth.