As per The Economic Times report, The Mumbai bench of the National Company Law Tribunal has approved a composite scheme of arrangement involving Poonawalla Finance and its real estate undertakings.
The approval allows the company to proceed with a multi-step demerger separating its lending activities from its commercial real estate operations.
The tribunal sanctioned the scheme under Sections 230 to 232 of the Companies Act, 2013. In its order, the NCLT stated that the proposed restructuring complied with statutory provisions and procedural requirements. It also recorded that the scheme was fair and lawful in nature.
According to the tribunal, the scheme did not face objections from shareholders, creditors, or regulatory authorities. Necessary approvals and filings were completed during the process. The absence of opposition cleared the way for the restructuring to move ahead without legal challenges.
Post demerger, Poonawalla Finance will continue as a non-banking financial company. The entity will retain its lending operations and remain focused on financial services. Its regulatory status as an NBFC will remain unchanged following the implementation of the scheme.
The company’s commercial real estate leasing assets will be transferred to two resulting entities, Rising Sun Holdings and Synergist Realtors. These entities will hold the real estate-related assets and liabilities identified under the scheme.
The approved arrangement involves hiving off specific business undertakings linked to real estate into the 2 resulting companies.
Assets and liabilities will be allocated in line with the terms set out in the tribunal order. Each entity will operate independently after the demerger takes effect.
As of January 19, 2026, 10:02 am, Poonawalla Fincorp share price was trading at ₹479, a 3.24% increase from the previous closing price.
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With the NCLT’s approval now in place, Poonawalla Finance can implement the demerger and complete the separation of its lending and real estate businesses under a court-approved structure.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 19, 2026, 12:01 PM IST
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