Ekam Leasing and Finance Co. Limited has progressed with its amalgamation plan, filing the Second Motion Application with the National Company Law Tribunal (NCLT) in New Delhi.

This is a crucial step in the scheme to merge Rex Overseas Private Limited and S & S Balajee Mercantile Private Limited with Ekam Leasing.

The amalgamation process aims to streamline operations and potentially enhance the company's business scope, which could benefit shareholders through a more consolidated entity.