Cyber Media Withdraws, Re-files Scheme of Amalgamation Due to Filing Delay
Cyber Media (India) Limited has announced the withdrawal of its Scheme of Amalgamation between Cyber Media Research & Services Limited (Transferor Company) and Cyber Media (India) Limited (Transferee ...
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Why is Cyber Media (India) Limited in the news today?
Cyber Media (India) Limited (CYBERMEDIA) is in the news due to the company is withdrawing and re-filing a scheme of amalgamation due to a procedural delay. while this causes a delay, it is not inherently negative as the company intends to refile and states there will be no adverse impact.
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Cyber Media Withdraws, Re-files Scheme of Amalgamation Due to Filing Delay
January 2, 2026, 02:41 PM
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Cyber Media (India) Limited has announced the withdrawal of its Scheme of Amalgamation between Cyber Media Research & Services Limited (Transferor Company) and Cyber Media (India) Limited (Transferee Company). This decision was made via a circular resolution by the Board of Directors on January 02, 2026.
The withdrawal is a consequence of an NSE Circular (Ref. No. NSE/CML/2025/32 dated July 31, 2025), which mandates that applications for a no-objection letter on a draft scheme of arrangement must be filed within fifteen trading days of board approval. The company inadvertently filed its application beyond this stipulated timeline.
Consequently, the stock exchange has directed Cyber Media (India) Limited to submit a fresh application along with the required documents within the prescribed timeline. The company confirmed that it will re-file the application in accordance with the NSE Circular and other regulatory requirements. The company has stated that there will be no adverse monetary impact arising from this withdrawal and re-filing process.
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