Aditya Birla Fashion and Retail Limited (ABFRL) has filed the certified copy of the order passed by the National Company Law Tribunal (NCLT), Mumbai Bench, sanctioning the Scheme of Amalgamation amongst Jaypore E-Commerce Private Limited, TG Apparel & Decor Private Limited, and Aditya Birla Fashion and Retail Limited along with their respective shareholders and creditors. The certified copy was filed with the Registrar of Companies, Mumbai on July 10, 2026.
All conditions precedent to the effectiveness of the Scheme have been satisfied following the filing. The Effective Date under the Scheme has been fixed as August 1, 2026, being the first day of the month following the month in which all conditions precedent were completed. The Scheme will become operative from the Effective Date.
The Appointed Date for the amalgamation has been set as April 1, 2026 as per the Scheme. The amalgamation provides for the merger of Jaypore E-Commerce Private Limited, an online retail platform, and TG Apparel & Decor Private Limited into ABFRL. The Scheme also covers the shareholders and creditors of all three entities. Post amalgamation, the business operations of the two entities will be integrated into ABFRL's existing retail and fashion portfolio.
ABFRL had previously informed the stock exchanges about the proposed Scheme on February 5, 2026 and July 2, 2026. The certified copy of the NCLT order along with the Scheme document has been made available on ABFRL's website.
The amalgamation is part of ABFRL's corporate restructuring to consolidate its e-commerce and apparel business operations under a single entity.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.