Antony Waste Handling Cell Limited's Merger with AG Enviro Infra Approved
Antony Waste Handling Cell Limited (AWHCL) has received approval from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, for the Scheme of Merger by Absorption of AG Enviro Infra Projects...
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Why is Antony Waste Handling Cell Limited in the news today?
Antony Waste Handling Cell Limited (AWHCL) is in the news due to the nclt approval of the merger is a positive development for the company, signifying a step towards operational integration and efficiency.
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Antony Waste Handling Cell Limited's Merger with AG Enviro Infra Approved
December 18, 2025, 02:37 PM
Antony Waste Handling Cell Limited (AWHCL) has received approval from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, for the Scheme of Merger by Absorption of AG Enviro Infra Projects Private Limited ('Transferor Company') with AWHCL ('Transferee Company'). The NCLT passed its final order on December 18, 2025, approving the scheme under Sections 230 to 232 of the Companies Act, 2013. This merger, initially approved by the respective Boards of Directors on March 27, 2025, aims to streamline operations, achieve greater efficiencies, and consolidate business activities within the group. AG Enviro Infra Projects Private Limited is a wholly-owned subsidiary of AWHCL. The scheme provides for the dissolution of the Transferor Company upon completion of the merger, leading to a simplified corporate structure and potential cost savings. The merger is expected to enhance operational efficiency, leverage combined assets, and strengthen the competitive edge of the merged entity. As the Transferor Company is a wholly-owned subsidiary, no new shares will be allotted, and the shares held by AWHCL in AG Enviro Infra will stand cancelled. The NCLT order follows a review of reports from the Regional Director, Official Liquidator, and Dy. Commissioner of Income Tax, with the companies providing undertakings to address all observations and ensure compliance with statutory and regulatory requirements.
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