Eyantra Ventures Limited has published the newspaper advertisement in Form No. NCLT 3A detailing its petition for a scheme of arrangement with Prismberry Technologies Private Limited. The move follows an order dated August 14, 2026, from the National Company Law Tribunal (NCLT), Hyderabad Bench II.

The scheme involves the amalgamation of Prismberry Technologies, the transferor company, with Eyantra Ventures, the transferee company. The joint petition was presented under Sections 230 to 232 of the Companies Act, 2013, on July 28, 2026. The advertisement was published on August 19, 2026, in Financial Express and Prajasakti.

Key Dates and Details

The petition is now fixed for hearing before the NCLT, Hyderabad Bench II, on October 9, 2026. Any person desirous of supporting or opposing the petition must send notice to the tribunal and the petitioners' registered office at least two days before the hearing date.

Prismberry Technologies is represented by Whole-time Director Manoj Kumar Yadav, while Eyantra Ventures is represented by Chairperson and Managing Director Vinita Raj Narayanam.

The National Company Law Tribunal (NCLT), Hyderabad Bench-II, has approved the first motion application for the scheme of arrangement between Prismberry Technologies Private Limited and eYantra Ventures Limited . The order dated July 15, 2026, allows the merger of the wholly-owned subsidiary into the holding company, dispensing with the requirement to convene meetings of equity shareholders and creditors for both entities. This decision streamlines the corporate restructuring process aimed at simplifying the group structure and enhancing operational synergies.

Scheme Details and Approvals

The Board of Directors of Prismberry Technologies approved the scheme on May 20, 2026, while the Board of eYantra Ventures granted its approval on May 25, 2026. The arrangement involves Prismberry Technologies (Transferor Company) merging into eYantra Ventures (Transferee Company). As the transferor is a wholly-owned subsidiary, no shares will be issued or allotted to its shareholders, and no consideration will flow under the scheme. Consequently, a share exchange ratio or valuation report was not deemed necessary.

Capital Structure and Financials

Prismberry Technologies has an authorised share capital of 10,00,000 equity shares of Rs.10 each, with a paid-up capital of 1,00,000 equity shares. eYantra Ventures holds an authorised capital of 25,00,000 equity shares of Rs.10 each and a paid-up capital of 20,06,875 equity shares. The net worth of the transferee company, as on March 31, 2026, stands at Rs. 2,880.80 in Lakhs, which the Tribunal noted is significantly higher than the unsecured liabilities payable.

Shareholder and Creditor Consents

The Tribunal noted that all equity shareholders of Prismberry Technologies, amounting to 100% of its equity share capital, have provided consent affidavits. eYantra Ventures has 506 equity shareholders. While the transferor company has no secured or unsecured creditors, the transferee company has one secured creditor who has consented to the scheme and 139 unsecured creditors. The Tribunal observed that the unsecured creditors are cyclic in nature and will be paid in the ordinary course of business.

Tribunal Order and Rationale

Citing the absence of dissenting shareholders in the transferor company and the strong financial position of the transferee company, the NCLT exercised its powers under Section 230(9) of the Companies Act, 2013, to dispense with the meetings. The order ensures that any interested party may still present contentions before the Tribunal when the companies seek final approval for the scheme. The statutory auditors for both companies have certified that the accounting treatment adopted complies with the standards prescribed under Section 133 of the Companies Act, 2013.