Lactose India: Record Date Fixed for Vitanosh Ingredients Amalgamation
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 21 Oct 2026, 11:42 AM IST · BSE ID: 47c25780-66ff-41d8-9de7-4ae5f4164057
View Original BSE Filing (PDF)
💡
In Simple Terms
Lactose India set a date to identify Vitanosh Ingredients shareholders for receiving new shares after their merger.
🤖 AI Summary
- Lactose (India) Limited fixed November 02, 2026, as the Record Date for its amalgamation scheme.
- The scheme involves Vitanosh Ingredients Private Limited (Transferor) merging into Lactose (India) Limited (Transferee).
- NCLT Ahmedabad Bench approved the amalgamation scheme via order dated August 05, 2026.
- Share exchange ratio is 0.7946 equity shares of Transferee for every 1 equity share of Transferor.
- The Record Date is for determining eligible Vitanosh Ingredients shareholders for share allotment.
🔢 Key Numbers — exact figures from BSE filing, not rounded
NCLT Approval Date
05 August 2026
Record Date
November 02, 2026
Share Exchange Ratio
0.7946 equity shares of Transferee for every 1 equity shares of Transferor
Face Value of Transferee Equity Share
INR 10/- each
🏢 How This Affects the Company
This event completes a procedural step for the amalgamation, which is expected to integrate the operations of Vitanosh Ingredients Private Limited into Lactose (India) Limited.
The amalgamation will lead to an increase in the equity base of Lactose (India) Limited as new shares are allotted to Vitanosh Ingredients Private Limited shareholders.
The integration of Vitanosh Ingredients Private Limited could lead to changes in Lactose (India) Limited's manufacturing, supply chain, and workforce post-amalgamation.
The amalgamation process itself involves integration risks; however, fixing the record date indicates progression towards the formal completion of the merger, reducing procedural uncertainty.
👥 What This Means For Shareholders
✅
Action Required
Shareholders of Lactose (India) Limited do not need to take any immediate action based on this specific filing.
👤
Who Is Affected
Equity shareholders of Vitanosh Ingredients Private Limited are affected, as the Record Date of November 02, 2026, determines their eligibility for allotment of 0.7946 equity shares of Lactose (India) Limited for every 1 equity share they hold.
🔍
Management Signal
The Board's decision to fix the Record Date signals a commitment to execute the NCLT-approved Scheme of Amalgamation in a timely and structured manner.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Final share allotment details to Vitanosh Ingredients shareholders post Record Date.
Any further announcements regarding the operational integration of the merged entities.
Financial results of the combined entity for the period post amalgamation effective date.
LOW RISK
This filing confirms a procedural step for an NCLT-approved merger, reducing execution uncertainty.
💡 Investor Takeaway
Lactose (India) Limited confirmed November 02, 2026, as the Record Date for the NCLT-approved amalgamation with Vitanosh Ingredients Private Limited. The share exchange ratio is 0.7946 equity shares of Lactose (India) Limited for every 1 equity share of Vitanosh Ingredients Private Limited, facilitating the share allotment.
⚖️ Strengths & Concerns
✅ Positives
- Formalization of the amalgamation scheme progresses following NCLT approval, providing clarity on the merger timeline.
- A clear share exchange ratio of 0.7946 equity shares per 1 share provides a specific conversion metric for the transaction.
❓ Frequently Asked Questions
What is the Record Date for the Lactose (India) Limited amalgamation?
The Record Date for the Scheme of Amalgamation between Vitanosh Ingredients Private Limited and Lactose (India) Limited is fixed as Monday, November 02, 2026.
Which companies are involved in the amalgamation scheme with Lactose (India) Limited?
The Scheme of Amalgamation is between Vitanosh Ingredients Private Limited (Transferor Company) and Lactose (India) Limited (Transferee Company).
What is the share exchange ratio for the amalgamation?
The share exchange ratio is 0.7946 equity shares of Lactose (India) Limited for every 1 equity share held in Vitanosh Ingredients Private Limited.
When was the NCLT approval for the amalgamation scheme obtained?
The Hon’ble National Company Law Tribunal, Ahmedabad Bench, approved the Scheme of Amalgamation vide its order dated 05 August 2026.
Questions based on this BSE filing only. For information purposes.