Signature Green files NCLT application for Arvind Foods merger

0 min read Updated on 12 Jun 2026, 05:06 PM

Reviewed by

Ashish TScanX News Team

AI Summary

Signature Green Corporation filed an application with the National Company Law Tribunal, Mumbai Bench, regarding the Scheme of Merger by Absorption of Arvind Foods Limited. Arvind Foods is a wholly owned subsidiary of Signature Green Corporation. The scheme is subject to approval by the Hon'ble NCLT and other statutory regulatory approvals.

*this image is generated using AI for illustrative purposes only.

Signature Green Corporation has filed an application with the National Company Law Tribunal (NCLT), Mumbai Bench, seeking directions for the Scheme of Merger by Absorption of Arvind Foods Limited. The transferor company, Arvind Foods Limited, is a wholly owned subsidiary of Signature Green Corporation. The scheme involves the amalgamation of the subsidiary with the company and their respective shareholders and creditors.

The application was filed under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The company disclosed this development in a filing submitted to BSE Limited on June 12, 2026.

The proposed merger remains subject to the approval of the Hon'ble NCLT. Additionally, the scheme requires other statutory, regulatory approvals, sanctions, and consents as may be necessary to complete the process.

Entity	Role
Signature Green Corporation	Transferee Company
Arvind Foods Limited	Transferor Company (Wholly Owned Subsidiary)

Signature Green Corporation stated that it will inform the stock exchange of further developments regarding the scheme. The filing was made by Pooja Vipin Mandhana, Company Secretary & Compliance Officer.

Historical Stock Returns for Signature Green Corporation

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.85%	+4.85%	+15.25%	+32.59%	+53.05%	+401.05%

What is the expected timeline for the NCLT to approve the merger scheme?

How will the merger impact Signature Green Corporation's financial performance and operational efficiency?

What strategic benefits does Signature Green Corporation anticipate from absorbing Arvind Foods Limited?

Read Next Article

Signature Green FY26 profit falls, appoints internal auditor

1 min read Updated on 25 May 2026, 07:22 PM

Reviewed by

Riya DScanX News Team

Add as a preferred
source on Google

AI Summary

Signature Green Corporation Limited reported a decline in net profit to ₹19.84 lakh for FY26 from ₹30.84 lakh in FY25, with Q4FY26 recording a net loss of ₹16.73 lakh. The board approved the audited financial results and appointed M/s Ajit Jain & Co. as internal auditors for FY 2026–2027. The company also completed the acquisition of Arvind Foods Limited and approved a draft merger scheme.

*this image is generated using AI for illustrative purposes only.

Signature Green Corporation Limited reported a net profit of ₹19.84 lakh for the financial year ended March 31, 2026, a decrease from ₹30.84 lakh in the previous year. For the quarter ended March 31, 2026, the company recorded a net loss of ₹16.73 lakh, compared to a profit of ₹3.32 lakh in the preceding quarter. The board approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026.

The company's revenue from operations for Q4FY26 stood at ₹2.89 lakh, while total revenue was ₹21.37 lakh. Total expenses for the quarter rose to ₹30.65 lakh. The statutory auditors, M/s C.P. Jaria & Co., issued an unmodified opinion on the audited financial results. Additionally, the board approved the appointment of M/s Ajit Jain & Co., Chartered Accountants, as internal auditors for FY 2026–2027.

Financial Performance Summary

Metric	Q4FY26 (₹ in Lakhs)	Q4FY25 (₹ in Lakhs)	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from Operations	2.89	0.00	2.89	0.00
Total Revenue	21.37	26.52	92.51	78.45
Total Expenses	30.65	9.05	65.22	40.10
Net Profit/(Loss)	(16.73)	9.96	19.84	30.84
Basic EPS	(0.46)	0.28	0.55	0.86

Key Developments

During the quarter under review, Signature Green Corporation completed the 100% acquisition of equity shares of Arvind Foods Limited, making it a wholly-owned subsidiary. The company's board also approved a draft scheme of merger by absorption with Arvind Foods Limited. The trading window for dealing in the company's securities, which was closed since April 1, 2026, will reopen 48 hours after the declaration of the financial results.

Historical Stock Returns for Signature Green Corporation