NCLT sanctions amalgamation of Dinshaws Snacks & Foods with Dinshaw’s Dairy Foods

The National Company Law Tribunal (NCLT), has sanctioned the Scheme of Amalgamation between Dinshaws Snacks & Foods Pvt Ltd and Dinshaw’s Dairy Foods Pvt Ltd.

- Pranali Lotlikar

According to the order, the amalgamation is driven by the goal of consolidation and achieving operational synergies. The rationale presented before the Tribunal stated that it will help create a stronger financial base and leverage combined assets. It wi