NCLT approves Sonata Software amalgamation with Encore I.T.
after close1 source ↓written by the desknot a recommendation
- effective
- 1 Apr 2024
The National Company Law Tribunal (NCLT) has sanctioned the amalgamation of Encore I.T. Services with Sonata Software effective from 1 Apr 2024. This move aims to enhance operational efficiencies and reduce administrative costs by consolidating business operations into a single entity. The approval is expected to streamline compliance and improve overall productivity.
Not investment advice. For informational purposes only.