LatestCorporate Compliance 7 October 2026
NCLT Chennai Approves Augmento Labs‑Saksoft Amalgamation
India’s National Company Law Tribunal (NCLT) in Chennai has formally sanctioned the scheme of amalgamation that merges Augmento Labs Private Limited into Saksoft. The approval clears regulatory hurdles, setting the companies on a path to combine operations, assets, and liabilities under a unified corporate structure as outlined in the filed scheme, reported on Oct 6, 2026, and aligning with compliance under the Companies Act and IT Rules 1962.
Key Update
- The National Company Law Tribunal (NCLT) in Chennai has approved the amalgamation scheme merging Augmento Labs Private Limited into Saksoft.
- Approval removes regulatory barriers, allowing the entities to combine assets, liabilities, and operations under a single corporate structure.
- The decision, dated 6 Oct 2026, follows compliance filings under the Companies Act and IT Rules 1962, positioning the merged firm for integrated services and cost efficiencies.
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