Hindware Home Innovation Limited has received an order from the National Company Law Tribunal (NCLT), Kolkata Bench, directing the convening of meetings to approve a Composite Scheme of Arrangement. This scheme involves Hindware Home Innovation Limited (Demerged Company/Remaining Transferor Company), HHIL Limited (Resulting Company), and Hindware Limited (Transferee Company).

The NCLT order, dated December 3, 2025, with a corrigendum on January 16, 2026, specifies the dates for these crucial meetings. The meetings for the Equity Shareholders of the Demerged Company/Applicant no. 1 are scheduled for Tuesday, January 18, 2026, at 1:15 PM. Concurrently, meetings for the Unsecured Creditors of the Demerged Company/Applicant no. 1 and the Unsecured Creditors of Applicant no. 3/Transferee Company No. 2 will be held on the same day, January 18, 2026, at 12:45 PM and 12:15 PM, respectively.

However, the NCLT has dispensed with the meetings for the equity shareholders of HHIL Limited (Applicant no. 2) and Hindware Limited (Applicant no. 3). Additionally, meetings for the secured creditors of all applicant companies and the unsecured creditors of HHIL Limited have also been dispensed with. The scheme aims to demerge the consumer product business into HHIL Limited and the remaining business into Hindware Limited, with an effective date of April 1, 2025.

Notices for the convened meetings will be published in Business Standard (English) and Aajkal (Bengali) at least 30 days prior, and individual notices will be sent to all eligible shareholders and creditors. Mr. Sandip Kumar Kejriwal has been appointed as the Chairperson for these meetings, with Mr. Jnana Ranjan Dhal serving as the Scrutinizer. The cut-off date for determining eligibility to vote is September 30, 2025.