Scan Projects Limited shareholders have approved the merger of Chanderpur Industries Private Limited with and into the company. The resolution was passed at an Extraordinary General Meeting (EGM) held on July 18, 2026, under the directions of the National Company Law Tribunal (NCLT), Chandigarh Bench.

The meeting was conducted via hybrid mode, allowing physical and online participation. A total of 50 members attended the meeting, comprising 43 physically and 07 online. The proceedings were overseen by Chairperson Ms. Kannopriya Gupta, who was appointed by the NCLT order dated May 21, 2026.

The special resolution sought approval for the scheme of arrangement under Sections 230-232 of the Companies Act, 2013. Remote e-voting facilities were provided by Central Depository Services (India) Limited (CDSL) from July 15, 2026, to July 17, 2026. Ms. Gurvinder Singh Sarin was appointed as the Scrutinizer to ensure the voting process was conducted fairly and transparently.

Key Resolutions

The Scrutinizer will submit a consolidated report of the voting to the Chairperson within three days following the conclusion of the EGM. The meeting commenced at 11:30 A.M. and concluded at 12:00 noon on the same day.

Scan Projects Limited has scheduled an Extraordinary General Meeting (EGM) on Saturday, July 18, 2026, at 11:30 AM to seek shareholder approval for the merger of Chanderpur Industries Private Limited with and into the company. The meeting, convened pursuant to an order from the National Company Law Tribunal (NCLT), Chandigarh Bench, will be held in hybrid mode via physical presence at Village Kanjnu, Radaur Road, Distt. Yamuna Nagar and through video conferencing.

The board approved the draft notice and logistical arrangements during a meeting held on June 9, 2026. The notice was dispatched to shareholders on Friday, June 12, 2026. Ms. Kannopriya Gupta, Advocate, has been designated as the Chairperson of the EGM, while Mr. Gurvinder Singh Sarin, a Practising Company Secretary, will serve as the Scrutinizer.

The board established Saturday, July 11, 2026, as the cut-off date to determine shareholder eligibility for voting. Remote e-voting will commence on Wednesday, July 15, 2026, at 10:00 AM and conclude on Friday, July 17, 2026, at 05:00 PM. The trading window for dealing in the equity shares of Scan Projects remains closed until 48 hours after the board meeting outcome is uploaded to the BSE portal.

The proposed Scheme of Arrangement (Merger) involves a share exchange ratio of 3:1, wherein each shareholder of the Transferor Company will receive three equity shares of Scan Projects Limited for every one equity share held. The appointed date for the scheme is April 01, 2026. Upon the scheme becoming effective, the name of the Transferee Company will automatically change to "Chanderpur Industries Limited".

EGM Key Details