BSECompany Update15h ago · 30 Sept 2026, 05:38 pm
We wish to inform you that the Hon''ble NCLT, Mumbai Bench has sanctioned the Scheme of Amalgamation between Parthiv Corporate Advisory Pvt Ltd with Inland Printers Ltd on 28th September, 2026. The Copy of the order issued by NCLT, as available on the NCLT portal is annexed herewith for your reference and record.
Inland Printers Ltd · 530787
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Inland Printers Ltd has announced that the NCLT has sanctioned the Scheme of Amalgamation between Parthiv Corporate Advisory Pvt Ltd and Inland Printers Ltd on September 28, 2026. The appointed date for the scheme is January 1, 2023, and the share exchange ratio is 27 equity shares of Inland Printers Ltd for every 1 equity share of Parthiv Corporate Advisory Pvt Ltd.
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Inland Printers Ltd - 530787 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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INLAND PRINTERS LIMITED
Reg. Off.: Office No 8, Ground Floor, Navkar Paradise, Babhai Naka, L T Road,
Near Laxmi Chhaya Building, Borivali West, Mumbai - 400092 Maharashtra, India
Tel.: 9987773105 Email: inlandprintersltd@gmail.com
CIN: L99999MH1978PLC020739 Website: www.inlandprinters.in
Date: September 30, 2026
BSE Limited,
Corporate Relationship Department,
Phiroze Jeejeebhoy, Towers,
Dalal Street, Mumbai 400 001.
Scrip Code: 530787
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 regarding receipt of final order of the National
Company Law Tribunal (‘NCLT’) the Scheme of Amalgamation of Parthiv Corporate
Advisory Private Limited (“Transferor Company”) and Inland Printers Limited
(“Transferee Company”) and their respective Shareholders
Dear Sir/Ma’am,
Further to our continuous communication on the captioned subject, we wish to inform you that,
the National Company Law Tribunal, Mumbai Bench (“NCLT”) has pronounced the final order
sanctioning the scheme of amalgamation of Parthiv Corporate Advisory Private Limited
(“Transferor Company”) and Inland Printers Limited (“Transferee Company”) and their respective
Shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act,
2013 and the rules made thereunder (‘Scheme’), on 28th September, 2026 .
The copy of the order issued by the NCLT, as available on the website of the NCLT, is enclosed as
“Annexure A” and has also been uploaded on the website of the Company.
Appointed date as per the Scheme is 1st January, 2023
Share Exchange Ratio; the Transferee Company subject to the provisions of this Scheme shall
issue and allot to the equity shareholders of the Transferor Company whose name appears in the
Register of Members as on the Record Date or to such of their respective heirs, executors,
INLAND PRINTERS LIMITED
Reg. Off.: Office No 8, Ground Floor, Navkar Paradise, Babhai Naka, L T Road,
Near Laxmi Chhaya Building, Borivali West, Mumbai - 400092 Maharashtra, India
Tel.: 9987773105 Email: inlandprintersltd@gmail.com
CIN: L99999MH1978PLC020739 Website: www.inlandprinters.in
administrators or other legal representatives or other successors in title as may be recognized by
the Board of the Transferee Company, 27 equity Shares of the Transferee Company be credited
as fully paid-up, for every 1 equity share of the face value of Rs. 10/- each fully paid-up held by
such member in the Transferor Company (“Share Exchange Ratio”).
The certified copy of the Order is awaited.
The above is for your information please.
Sincerely yours,
For and on behalf of
Inland Printers Limited
Kishor Sorap
Whole Time Director
DIN: 08194840
Annexure A
IN THE NATIONAL COMPANY LAW TRIBUNAL,
MUMBAI BENCH
C.P. (CAA)/73/MB-III/2024
CONNECTED WITH
C.A. (CAA)/277/MB-III/2023
In the matter of Sections 230 to 232
and other applicable provisions of the
Companies Act, 2013 and rules
framed thereunder;
In the matter of Scheme of
Amalgamation of Parthiv Corporate
Advisory Private Limited with Inland
Printers Limited and their respective
shareholders.
Parthiv Corporate Advisory Pvt. Ltd.,
a private limited company
incorporated under the Companies
Act, 2013
Having its registered office at:
A/708, Kanakia Wall Street, Andheri
Kurla Road, Chakala Junction,
Andheri (East), Mumbai – 400093.
[CIN: U93000MH2017PTC291314]
…First Petitioner Company/
Transferor Company
Inland Printers Ltd.,
a public limited company incorporated
under the Companies Act, 1956
Having its registered office at:
F-18, Tenth Central Mall,
Mahavir Nagar,
Page 1 of 20
C.P.(CAA)/73/MB-III/2024 CONENCTED WITH C.A.(CAA)/277/MB-III/2023
Kandivali West, Mumbai — 400 067.
[CIN: L99999MH1978PLC020739]
…Second Petitioner Company/
Transferee Company
(Hereinafter referred to as ‘Petitioner Companies’)
Order pronounced on: 28.09.2026
Coram:
SHRI HARIHARAN NEELAKANTA IYER MS. LAKSHMI GURUNG
MEMBER (TECHNICAL) MEMBER (JUDICIAL)
Appearances:
For Petitioner Companies: CS Sanjay Shringarpure i/b PRS Associates (VC)
For RD: Ms. Rujuta Bankar, ICLS, Director, RD (VC)
Per Coram:
1. Heard Ld. Authorized Representative for the Petitioner Companies and
the representative of the Regional Director, Western Region.
2. The sanction of this Tribunal is sought under Sections 230 to 232 and
other applicable provisions of the Companies Act, 2013 (‘the Act’) for
the Scheme of Amalgamation of Parthiv Corporate Advisory Private
Limited (‘First Petitioner Company’/ ‘Transferor Company’) with Inland
Printers Limited (‘Second Petitioner Company’/ ‘Transferee Company’)
and their respective shareholders (‘the Scheme’).
3. The registered offices of the Petitioner Companies are situated in
Mumbai, Maharashtra, and hence the subject matter of the present case
falls within the jurisdiction of this Tribunal.
4. The Board of Directors of the Petitioner Companies, in their respective
board meetings held on 09.03.2023, have unanimously approved the
proposed Scheme.
Page 2 of 20
C.P.(CAA)/73/MB-III/2024 CONENCTED WITH C.A.(CAA)/277/MB-III/2023
5. Ld. Authorized Representative for the Petitioner Companies submits
that the Company Scheme Petition No. C.P.(CAA)/73/MB-III/2024 has
been filed on 10.04.2024 in consonance with the order dated
13.02.2024, passed by this Tribunal in C.A.(CAA)/277/MB-III/2023,
wherein the holding of meetings of equity shareholders and unsecured
creditors of the First Petitioner Company were dispensed with. The
meeting of secured creditors of the First Petitioner Company was held
on 27.03.2024 through VC/OAVM, and the Chairperson’s Report dated
02.04.2024 was filed and annexed as Annexure – ‘V’.
6. The Transferee Company is a listed company and directions were given
to hold meetings of equity shareholders and unsecured creditors of the
Transferee Company. The said meetings were held on 27.03.2024
through VC/OAVM, and the Chairperson’s Report dated 02.04.2024
was filed and annexed as Annexure - ‘U’.
7. This Tribunal further directed the Petitioner Companies to serve notices
upon all statutory and regulatory authorities with a copy of the Scheme.
The Petitioner Companies complied with the said directions and filed a
compliance affidavit dated 12.03.2024.
8. It is submitted that, pursuant to the directions of this Tribunal vide
order dated 25.04.2024, the Petitioner Companies filed a Joint Affidavit
of Service dated 29.05.2024 confirming the publication of the notice of
hearing of the Petition dated 24.05.2024 in one English (‘Business
Standard’) and one Marathi (‘Navshakti’) newspaper, both having wide
circulation in Mumbai. Furthermore, the Petitioner Companies filed a
Joint Affidavit of Service dated 18.06.2024, stating that all concerned
statutory authorities were duly served with notices in compliance with
Section 230(5) of the Act read with Rule 8 and Rule 16 of the Companies
(Compromises, Arrangements and Amalgamations) Rules, 2016.
Page 3 of 20
C.P.(CAA)/73/MB-III/2024 CONENCTED WITH C.A.(CAA)/277/MB-III/2023
9. The Appointed Date fixed under the scheme is 01.01.2023 and the
application C.A.(CAA)/73(MB)/2024 was filed on 28.11.2023. Thus, the
Appointed Date complies with Circular No.F.No.7/12/2019/CL-l dated
21.08.2019 issued by the Ministry of Corporate Affairs.
Nature of Business:
10. Ld. Authorized Representative for the Petitioner Companies submits the
nature of business of the Petitioner Companies are as under:
10.1. The First Petitioner Company is engaged in the business of providing
all types of advisory and consultancy services related to project report,
search reports, direct selling agents, corporate advisory services,
documentations, liaison with the government departments and
internet-based services.
10.2. The Second Petitioner Company was earlier engaged in the business
of printing of Prospectus, Application Forms, Brochures, Annual
Reports, Share Certificates, MICR Instruments and other commercial
print jobs. However, during the past few years, the Company has not
been carrying on any
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