Anka India receives NCLT approval for Futech Internet amalgamation

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Anka India received NCLT Chandigarh approval for merging with Futech Internet
  • Futech Internet is a wholly owned subsidiary of Anka India
  • Scheme effectiveness pending NCLT New Delhi Bench approval
  • Final step requires completion of statutory and regulatory compliances
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Anka India Limited has received approval from the National Company Law Tribunal (NCLT), Chandigarh Bench, for the scheme of amalgamation involving its wholly owned subsidiary, Futech Internet Private Limited.

The tribunal's order, issued on October 1, 2026, sanctions the merger of Futech Internet Private Limited (Transferor Company) with Anka India Limited (Transferee Company). This development follows earlier intimations provided to the exchange on August 14, 2025, and September 3, 2025.

Regulatory Status and Conditions

The sanctioned scheme is not yet effective. It remains subject to the approval of the second motion petition by the jurisdictional tribunal of the Transferor Company, specifically the NCLT New Delhi Bench.

The company stated that the scheme will become effective only after fulfilling all conditions stipulated in the scheme and the NCLT order. These conditions include the aforementioned approval from the New Delhi bench and the completion of applicable statutory and regulatory compliances. Anka India indicated it would update the exchange once the scheme becomes effective.

Scheme Details

Component Detail
Transferee Company Anka India Limited
Transferor Company Futech Internet Private Limited
Relationship Wholly owned subsidiary
Approving Authority NCLT, Chandigarh Bench (Court-I)
Pending Approval NCLT, New Delhi Bench
Intimation Date October 1, 2026

This corporate action is reported pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Sameer Kumar, Company Secretary and Compliance Officer.

Historical Stock Returns for Anka India

1 Day5 Days1 Month6 Months1 Year5 Years
+5.41%+15.07%+2.66%-24.85%-58.54%0.0%

What is the expected timeline for the NCLT New Delhi Bench to rule on the second motion petition?

How will the consolidation of Futech Internet Private Limited impact Anka India Limited's consolidated revenue and profit margins post-merger?

Are there any anticipated changes to Anka India's shareholding pattern or capital structure following the completion of the amalgamation?

Anka India promoters sell 2.47% stake via open market

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Promoter group sold 12.75 lakh shares (2.47%) via open market
  • Aggregate promoter holding falls from 16.42% to 13.95%
  • Raman Trikha sold 4.75 lakh shares; Sulakshana Trikha sold 8 lakh shares
  • Raman Trikha Entertainment Pvt Ltd retained its 4.69% stake
  • Disclosure filed under SEBI SAST Regulations on September 8, 2026
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Anka India promoter group disposed of 12,75,000 equity shares, representing 2.47% of the total voting capital, through open market transactions. The sale reduces the promoter group’s aggregate holding from 16.42% to 13.95%.

The disclosure was filed under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on September 8, 2026.

Transaction Details

The disposal was executed by two individual promoters within the group:

  • Raman Trikha sold 4,75,000 shares (0.92%)
  • Sulakshana Trikha sold 8,00,000 shares (1.55%)

Raman Trikha Entertainment Private Limited did not participate in the sale and retained its holding of 24,15,057 shares (4.69%).

Shareholding Pattern

The following table outlines the promoter group’s shareholding before and after the disposal:

Entity Shares Before % Before Shares After % After
Raman Trikha 27,69,431 5.37% 22,94,431 4.45%
Sulakshana Trikha 32,78,565 6.36% 24,78,565 4.81%
Raman Trikha Entertainment Pvt. Ltd 24,15,057 4.69% 24,15,057 4.69%
Total 84,63,057 16.42% 71,88,057 13.95%

Execution Timeline

The sales occurred across multiple dates between August and September 2026:

  • Raman Trikha: 2,35,000 shares on August 18, 2026; 2,40,000 shares on September 7, 2026
  • Sulakshana Trikha: 2,20,000 shares on August 6, 2026; 1,00,000 shares on August 10, 2026; 2,40,000 shares on August 18, 2026; 2,40,000 shares on September 7, 2026

The total equity share capital of Anka India Limited remains unchanged at 5,15,42,485 equity shares with a face value of ₹10 each.

Historical Stock Returns for Anka India

1 Day5 Days1 Month6 Months1 Year5 Years
+5.41%+15.07%+2.66%-24.85%-58.54%0.0%

What are the stated reasons for the Trikha family's decision to reduce their promoter holding, and does this signal a broader exit strategy or merely portfolio rebalancing?

How might this 2.47% reduction in promoter stake impact investor confidence and the stock's liquidity in the short term?

Given that Raman Trikha Entertainment Pvt. Ltd. retained its full holding, what does this divergence suggest about the differing financial strategies of individual promoters versus the corporate entity?

More News on Anka India

1 Year Returns:-58.54%