Credentia Trusteeship Services Private Limited agreed to acquire MITCON Credentia Trusteeship Services Limited from MITCON Consultancy & Engineering Services Limited (NSEI:MITCON) on January 3, 2024. The consideration consists of 5.72 Class A Equity Shares with differential rights of INR 10 each, fully paid up of the MITCON Credentia Trusteeship Services for every 1 Equity Share of Rs.10 each fully paid up held in the Credentia Trusteeship Services. The scheme of Amalgamation was approved by board of both the companies.

The Scheme shall be effective upon filing of certified copy of the aforesaid Order of Hon?ble NCLT with Registrar of Companies at Mumbai and Pune.