Kirloskar Electric Company Ltd
Kirloskar Electric Merger Update: NCLT Directs Next Steps ⚖️📅
• NCLT Bengaluru Bench issued an order on August 2, 2025 regarding the merger of four wholly owned subsidiaries.
• Subsidiaries involved: KELBUZZ Trading Private Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited, and SKG Terra Promenade Private Limited.
• Merger effective from April 1, 2024 under a Scheme of Merger.
• Next hearing scheduled for September 18, 2025.