NCLT Mumbai Approves Merger Of Snack Brand 'Dinshaws' With Its Dairy Business

The National Company Law Tribunal (NCLT) at Mumbai on Monday approved the merger of Dinshaws Snacks & Foods Private Limited with Dinshaw's Dairy Foods Private Limited, bringing the popular snack brand and its dairy arm under a single company.

A coram of Judicial Member K R Saji Kumar and Technical Member Anil Raj Chellan in an order passed on November 3 observed that the scheme was fair and reasonable. 

According to Dinshaw, the merger is aimed at cutting costs, improving operations, and boosting financial stability. The appointed date for the merger is April 1, 2024.

The companies said the merger would allow them to consolidate the businesses and lead to synergies in operation and create a stronger financial base. Regulatory authorities reviewed the proposal and confirmed that there were no major objections from creditors or stakeholders.

The tribunal approved the merger, describing it as “fair and reasonable and is not violative of any provisions of law and is not contrary to public policy.” It directed that Dinshaws Snacks & Foods Private Limited be dissolved without winding up. The tribunal also emphasized that the Income Tax and other authorities can still examine any tax or legal matters arising after the merger.

"The approval of this Scheme shall not affect or deter any regulatory authorities to initiate action, proceedings, prosecution, investigation or any regulatory action against the Applicant Companies and such proceedings shall continue in its own name", it said. 

The companies are required to file the order with the Registrar of Companies within 30 days and complete stamp duty formalities within 60 working days

Case Title: Dinshaws Snacks & Foods Private Limited and Dinshaw's Dairy Foods Private Limited

Case Number: C.P. (CAA)/141/MB/2025

For Applicants: Advocate Ahmed M Chunawala 

Click here to read/download order