India Radiators Limited announced an update on its Scheme of Amalgamation with Mercantile Ventures Limited.

The National Company Law Tribunal (NCLT) has now disposed of the petition related to this amalgamation.

This indicates the legal process for the merger has reached a conclusion from the NCLT's perspective.

The company is currently awaiting the certified copy of the NCLT order.

This development is important for shareholders, marking a definitive step in the proposed merger plan.