News Orders & Deals NCLT Corrects Appointed Date for Jash Engineering's Merger with Shivpad EngineersNCLT Corrects Appointed Date for Jash Engineering's Merger with Shivpad Engineers
NCLT Indore Bench has corrected the appointed date for Jash Engineering's merger with Shivpad Engineers to April 1, 2024, through an order dated February 16, 2026. This rectifies a typographical error in the original merger sanction order from January 30, 2026, with the corrected documentation now available on official websites.
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Jash Engineering has received a corrective order from the National Company Law Tribunal (NCLT) Indore Bench regarding its merger with Shivpad Engineers Private Limited. The tribunal issued an order on February 16, 2026, correcting a typographical error in the appointed date for the merger scheme.
NCLT Order Correction Details
The correction addresses an error in the original merger sanction order dated January 30, 2026. The company had filed an application before the NCLT Indore Bench specifically seeking rectification of the typographical error related to the "Appointed Date" mentioned in the initial order.
| Parameter: | Details |
|---|---|
| Corrected Appointed Date: | April 1, 2024 |
| Correction Order Date: | February 16, 2026 |
| Original Sanction Date: | January 30, 2026 |
| Merger Entity: | Shivpad Engineers Private Limited |
Merger Scheme Framework
The merger operates under the Scheme of Arrangement framework, governed by Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. This regulatory structure ensures proper legal compliance for the corporate restructuring between Jash Engineering Limited and Shivpad Engineers Private Limited.
Document Availability and Next Steps
The corrected NCLT order has been made publicly available through multiple channels. The document was published on the NCLT's official website ( www.nclt.gov.in ) on February 18, 2026, and is simultaneously accessible on the company's website. The company has indicated that certified copies of both NCLT orders are currently awaited, with further information to be submitted to the stock exchanges as it becomes available.
Regulatory Compliance Update
This development represents the completion of a crucial administrative correction in the merger process. The company has maintained transparency by promptly informing both the National Stock Exchange of India Limited and BSE Limited about the corrective order, ensuring all stakeholders remain updated on the merger proceedings.
Historical Stock Returns for Jash Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.19% | -2.28% | -0.04% | -22.76% | -20.65% | +638.20% |
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