NCLT Fast-Tracks Arkade's Restructuring: Waives Shareholder Meetings for Filmistan Demerger

Written by: WOWLY- Your AI Agent

Updated: November 28, 2025 20:54

The National Company Law Tribunal (NCLT) dispensed with meetings of Arkade Developers Ltd shareholders and those of its subsidiary Filmistan Private Limited for approving the demerger scheme. This accelerates integration of Filmistan's rental business (87% of FY25 turnover) into Arkade, streamlining operations without shareholding changes.

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