• SENSEX 73,269.29
    -337.46 (--0.46%)
  • BANKNIFTY 54,366.70
    79.35 (+0.15%)
Back

Corporate News

Planetfirst Green merges into POCL Enterprises, requiring shareholder approval in Chennai
26-Oct-2026, 07:11

Planetfirst Green Private Limited is merging into POCL Enterprises Limited, a move approved by the boards of both companies and deemed to be in the best interests of stakeholders. A Court Convened Meeting of Equity Shareholders for POCL Enterprises Limited is scheduled for November 27, 2026, at 10:30 AM IST in Chennai to vote on the scheme of amalgamation. Shareholders can access key documents, including the Explanatory Statement detailing the merger’s rationale and terms, by emailing corprelations@poel.in. The Scheme requires approval from POCL Enterprises Limited shareholders, the National Company Law Tribunal, and the Registrar of Companies, with directors and key management personnel holding no direct financial interest beyond their shareholding.