India MCA Insolvency Liquidation Filings — May 01, 2026

01-05-2026

Hon’ble NCLT, Chandigarh Bench, sanctioned the Scheme of Amalgamation of Cigniti Technologies Limited into Coforge Limited on April 29, 2026, with Appointed Date of April 01, 2025, completing the acquisition after regulatory clearances including CCI and SEBI. Post-acquisition integration has driven EBITDA margins from 11% to 19% in six quarters, top two clients' annual revenue from $25 million to $75 million (specifically $15M to $45M and $10M to $30M), and secured first large deals of $24 million (SW) and $62 million (NT). The combined entity forms a $2.5 Bn firm with $2 Bn AI-led Engineering, Data, and Cloud services core.

• ·Share Exchange Ratio: 1:1 (1 equity share of Coforge INR 2 face value for every 1 equity share of Cigniti INR 10 face value, post-stock split; equivalent to original 1:5 pre-split).
• ·Coforge held 54% of Cigniti's expanded share capital as on December 27, 2024.
• ·NCLT order pronounced following meetings directed on October 17, 2025; no secured creditors for Cigniti.

01-05-2026

The National Company Law Tribunal (NCLT), Chandigarh Bench, sanctioned the Scheme of Amalgamation of Cigniti Technologies Limited (Transferor Company) with Coforge Limited (Transferee Company) on April 29, 2026, with an Appointed Date of April 1, 2025, and a share exchange ratio of 1:1 (1 fully paid equity share of Coforge of INR 2 face value for every 1 fully paid equity share of Cigniti of INR 10 face value). The scheme received unanimous approval (99.95-100% in number and value) from all classes of equity shareholders and creditors of both companies during meetings held on December 6, 2025. Coforge previously held 54% of Cigniti's expanded share capital as of December 27, 2024, following acquisition of 72,35,865 shares for approximately INR 10,239 million.

• ·Cigniti authorised share capital: Rs. 36,00,00,000 (3,60,00,000 equity shares of INR 10 each)
• ·Coforge authorised share capital: Rs. 77,00,00,000 (38,50,00,000 equity shares of INR 2 each)
• ·Original share exchange ratio: 1:5 pre-stock split; revised to 1:1 post Coforge stock split effective June 4, 2025
• ·NCLT order uploaded on NCLT website; company to take necessary steps per scheme
• ·No secured creditors for Cigniti (dispensed by NCLT per BSE letter dated July 18, 2025)

01-05-2026

Salasar Techno Engineering Limited (Transferee Company) has issued a notice for meetings of Equity Shareholders, Secured Creditors, and Unsecured Creditors on Friday, June 5, 2026, via VC/OAVM, to consider and approve the Scheme of Amalgamation with Hill View Infrabuild Limited (Transferor Company), as directed by the NCLT Allahabad Bench on April 6, 2026. Remote e-voting opens June 1, 2026 at 9:00 A.M. IST and ends June 4, 2026 at 5:00 P.M. IST, with cut-off dates of May 29, 2026 for shareholders and December 31, 2025 for creditors.

• ·Equity Shareholders meeting: June 5, 2026 at 12:00 Noon
• ·Secured Creditors meeting: June 5, 2026 at 03:00 P.M.
• ·Unsecured Creditors meeting: June 5, 2026 at 04:00 P.M.
• ·CIN: L23201UP2001PLC209751
• ·NSE Symbol: SALASAR; BSE Scrip Code: 540642

01-05-2026

The NCLT Ahmedabad Bench, vide orders dated April 20 and April 30, 2026, has directed convening of meetings on June 06, 2026 for equity shareholders and creditors of Meghmani Organics Limited (transferee), Kilburn Chemicals Limited (transferor 1), and Meghmani Crop Nutrition Limited (transferor 2) to approve the proposed Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013. All meetings will be held via Video Conferencing at specified times between 10:00 AM and 3:00 PM IST. Further details including notices and e-voting will be communicated to stakeholders and available on the company's website.

• ·Meghmani Organics Limited meetings: Equity Shareholders at 2:00 PM, Secured Creditors at 2:30 PM, Unsecured Creditors at 3:00 PM (June 06, 2026, VC).
• ·Kilburn Chemicals Limited meetings: Secured Creditors at 10:00 AM, Unsecured Creditors at 10:30 AM (June 06, 2026, VC).
• ·Meghmani Crop Nutrition Limited meetings: Secured Creditors at 11:30 AM, Unsecured Creditors at 12:00 Noon (June 06, 2026, VC).

01-05-2026

PS IT Infrastructure & Services Limited, undergoing Corporate Insolvency Resolution Process (CIRP), submitted copies of newspaper advertisements (Form A under Rule 6) to BSE Limited on May 1, 2026, for the attention of creditors, classifying it as material information under listing regulations. The advertisements include public notices inviting claims from legal heirs and the public on mortgaged properties prior to potential sale or transfer under SARFAESI Act provisions. No financial performance metrics or resolutions were detailed, highlighting ongoing insolvency proceedings with no positive developments noted.

• ·IP Registration No. IBBI/IP-P00886/2017-2018/11483
• ·Newspaper notice publication invites claims within 15 days from deceased owners' heirs on specified flats/properties
• ·Properties located in areas like Mira Road, Thane; Vasai, Palghar; addresses detailed in Marathi notice

01-05-2026

SKIL Infrastructure Limited has been under Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, following NCLT Mumbai's order, with Purusottam Behera appointed as Resolution Professional after CoC approval on November 3, 2025. The company notified NSE and BSE on April 30, 2026, of its failure to submit the mandatory Reconciliation and Share Capital Audit report for the quarter and year ended March 31, 2026, under SEBI Regulation 76, citing no cash flow or funds available. This ongoing insolvency has led to regulatory non-compliance with no resolution timeline provided.

• ·CIN: L36911MH1983PLC178299
• ·NSE Symbol: SKIL
• ·BSE Scrip Code: 539861
• ·NCLAT appeal: Company Appeal (AT) (Ins.) No. 244 of 2024
• ·RP contact: cirpskil@gmail.com, +917718851633
• ·RP IBBI Registration No: IBBI/IPA-002/IP-N00940/2019-20/12993 (Valid till Dec 31, 2026)