Mindpool Technologies and S A Tech Software India are proceeding with their merger.

Mindpool has received NSE's "No Objection" letter for the amalgamation with S A Tech, a crucial step enabling them to file the scheme with the National Company Law Tribunal (NCLT). This observation letter is valid for six months, within which the plan must be submitted to the NCLT.

Investors can expect further details on the merger's rationale and shareholder impact as regulatory approvals progress.