Merger Notice

                                                         FORMNO. CAA.3

[Pursuant to Section 230(5) of the Companies Act, 2013 and Rule 8 of the Companies (Compromises, Arrangements And Amalgamations) Rules, 2016]

In the Matter of amalgamation between Axson India Private Ltd and Sika India
Private Limited

                                                          MERGER NOTICE

Date: 12/09/2025

Subject:
Notice in compliance of Order dated 06.08.2025 passed by the Hon’ble National
Company Law Tribunal, Mumbai Bench in the matter under Section 230 to Section
232 of the Companies Act, 2013 pertaining to the scheme of amalgamation between
Axson India Private Limited and Sika India Private Limited bearing
C.A.(C.A.A.)/176(MB)2025 (“Notice”).

Sir / Madam,

This has reference to the captioned matter wherein
Axson India Private Limited (“Transferor Company”) had filed a petition being
C.A.(C.A.A.)/176(MB)2025 before the Hon’ble National
Company Law Tribunal, Mumbai Bench (“NCLT”)
seeking approval of the Scheme of Amalgamation between the Transferor Company
and Sika India Private Limited (“Transferee Company”). The Hon’ble NCLT vide its order dated 16.01.2024 had approved the first motion in the Scheme of
Amalgamation. Thereafter, the Hon’ble NCLT, Mumbai Bench was pleased to admit the second motion petition being C.A.(C.A.A.)/176(MB)2025 vide order dated 06.08.2025 and was pleased to list the matter on 19.09.2025
for hearing and final disposal.

In pursuance to the directions of the Hon’ble NCLT
as contained in the Order dated 06.08.2025, we are issuing the present communication and issuing a Notice in pursuance of Sub-section (5) of Section 230 of the Companies Act, 2013 apprising you, the addressee, of the approval of the Scheme of Amalgamation by the Hon’ble NCLT. 

In accordance with the terms of the Order issued
by the NCLT, you are accordingly invited to present your representation (if
any) in connection with the Scheme of Amalgamation within thirty days (30 days) from the date of receipt of this notice. Copy of the representation may
simultaneously be sent to the concerned company(ies).

Kindly note, if no response is received by the Hon’ble NCLT from you / your office within the stated 30 days of the date of receipt of the Notice it will be presumed that you / your office has noobjection to the proposed Scheme of Amalgamation.