Indo National Limited has received the final certified copy of the NCLT Chennai order sanctioning its amalgamation with Helios Strategic Systems Limited, bringing the corporate restructuring process closer to completion. The company announced on March 15, 2026, that the tribunal's order dated March 10, 2026, is now available on the NCLT website.

NCLT Order Details

The National Company Law Tribunal Chennai Bench, comprising Hon'ble Member (Judicial) Shri. Jyoti Kumar Tripathi and Hon'ble Member (Technical) Shri. Ravichandran Ramasamy, sanctioned the comprehensive amalgamation scheme under Sections 230-232 of the Companies Act 2013. The order covers the merger between Helios Strategic Systems Limited (transferor company) and Indo National Limited (transferee company), extending to their respective shareholders and creditors.

Scheme Implementation

The amalgamation scheme will become legally effective upon filing of the certified copy of the NCLT order with the Registrar of Companies, Chennai, by both companies within the prescribed statutory timelines. The order is accessible on both the NCLT website and the company's official website at https://www.nippo.in/ .

Regulatory Compliance and Approvals

The scheme received clearances from multiple statutory authorities including the Regional Director Southern Region Chennai, Income Tax Department, and Official Liquidator. The tribunal noted that all requisite statutory compliances have been fulfilled and found no material objections from regulatory authorities.

Corporate Restructuring Benefits

The approved scheme facilitates consolidation of business operations within the group, as Helios Strategic Systems Limited is a wholly owned subsidiary of Indo National Limited. The amalgamation aims to achieve economies of scale, reduce operational overheads, and eliminate inter-company transactions while improving internal control systems and operational efficiency.

Indo National Ltd has announced the resignation of its Chief Marketing Officer, marking a significant leadership change at the Chennai-based company. The announcement was made through official communication to stock exchanges on March 3, 2026.

Leadership Transition Details

Mr. Shardul Bist has stepped down from his role as Chief Marketing Officer, with his resignation taking effect from March 31, 2026. The company cited personal reasons as the basis for his departure in its regulatory filing.

Regulatory Compliance

The company fulfilled its disclosure obligations under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. The notification was sent to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with listing requirements.

Executive's Farewell Message

In his resignation communication, Bist reflected on his tenure and contributions to the organization. He highlighted several key achievements during his leadership of the marketing function:

• Strengthened the brand positioning
• Drove growth initiatives across business segments
• Built marketing capabilities for future organizational growth
• Positioned the company well for its next phase of development

Transition Planning

Bist committed to ensuring organizational continuity during the leadership transition. His transition support includes:

• Comprehensive knowledge transfer to leadership team
• Assistance with succession planning processes
• Ensuring continuity of ongoing strategic marketing initiatives
• Supporting the organization through the coming weeks

The company has indicated that the transition process will be managed to minimize any operational disruption while maintaining momentum on current marketing strategies and brand development initiatives.