Lyka Labs Limited has announced that its Scheme of Amalgamation with Lyka Exports Limited has become effective from Wednesday, April 8, 2026. This follows the sanction of the scheme by the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench, via an order dated March 16, 2026, with the certified true copy received on March 24, 2026. The scheme's appointed date is April 1, 2022. Upon the scheme's effectiveness, Lyka Labs Limited's authorized share capital has automatically increased to ₹59,00,00,000 (Rupees Fifty-Nine Crores Only). This comprises 5,70,00,000 Equity shares of ₹10 each and 2,00,000 Redeemable Preference shares of ₹100 each, replacing the previous Clause V of the Memorandum of Association.
