Cyber Media (India) Limited has withdrawn its previously approved Scheme of Amalgamation with Cyber Media Research & Services Limited after a filing delay under NSE’s updated circular guidelines. The company plans to re-file the application in line with revised regulatory timelines, ensuring continued compliance with exchange norms.
Cyber Media (India) Limited announced that its Board of Directors, via circular resolution dated January 2, 2026, approved the withdrawal of the Scheme of Amalgamation between Cyber Media Research & Services Limited (Transferor Company) and Cyber Media (India) Limited (Transferee Company).
The move follows NSE Circular Ref. No. NSE/CML/2025/32 dated July 31, 2025, which requires companies to file applications for “no objection” within fifteen trading days of board approval. Cyber Media inadvertently exceeded this window, prompting the exchange to direct a re-submission under prescribed timelines.
Key Highlights
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The original Scheme of Amalgamation was approved on November 11, 2025.
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The withdrawal ensures full compliance with NSE and BSE regulatory requirements.
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Cyber Media will re-file the scheme application following updated timelines.
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The withdrawal will not have any material or monetary impact on the company.
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Formal communication on corrective actions will be made to both exchanges.
The company reiterated its commitment to transparency and timely regulatory compliance, noting that the move affects only the procedural schedule, not its operational outlook.
Sources: Company filing to NSE and BSE