NSEUpdates12 Aug 2026 · 12 Aug 2026, 07:46 pm

Updates

Mallcom (India) Limited · MALLCOM

✦ AI Summary▼ NegativeInsolvency

Mallcom (India) Limited has received a certified copy of the NCLT Order passed by the Hon'ble NCLT, Kolkata Bench, in relation to the Scheme of Amalgamation between Mallcom (India) Limited and its wholly-owned subsidiary, Mallcom VSFT Gloves Private Limited. The Hon'ble Tribunal held that the requirement under Section 233(1)(b) of the Companies Act, 2013, relating to approval of the Scheme by members holding at least 90% of the total number of shares, was not fulfilled.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact2/10
Market Sentiment2/10

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Full Announcement

Mallcom (India) Limited has informed the Exchange regarding receipt of the certified copy of the NCLT Order passed by the Hon ble NCLT, Kolkata Bench, in relation to the Scheme of Amalgamation between Mallcom (India) Limited and its wholly-owned subsidiary, Mallcom VSFT Gloves Private Limited.

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MALLCOM_12082026194606_REG30intimation.pdf

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Ref: MIL/BSE/NSE/26 Date: August 12, 2026 BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G P. J. Towers, 25th Floor, Bandra Kurla Complex, Dalal Street, Bandra (E) Mumbai- 400001 M umbai- 400051 B SE Security Code: 539400 NSE Symbol: MALLCOM Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on the Scheme of Amalgamation In furtherance of our intimation dated May 19, 2025, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we wish to inform you that the Hon’ble National Company Law Tribunal, Kolkata Bench (“Hon’ble NCLT”), vide its order dated July 9, 2026, did not approve the Scheme of Amalgamation between Mallcom (India) Limited (“Transferee Company”) and its wholly- owned subsidiary, Mallcom VSFT Gloves Private Limited (“Transferor Company”), under Section 233 of the Companies Act, 2013. The Company received, today, i.e., August 12, 2026, through the professional handling the matter, a certified copy of the aforesaid order passed by the Hon’ble NCLT, Kolkata Bench in C.P. No. 172/KB/2025. The Hon’ble Tribunal held that the requirement under Section 233(1)(b) of the Companies Act, 2013, relating to approval of the Scheme by members holding at least 90% of the total number of shares, was not fulfilled. Accordingly, the proceedings relating to the Scheme pending before the Regional Director were quashed. The Company is evaluating the further course of action, if any, in the matter. A copy of the certified order is enclosed herewith for information and records. Thanking you, Yours faithfully, For Mallcom (India) Ltd. Gaurav Raj Company Secretary & Compliance Officer