IN THE NATIONAL COMPANY LAW

TRIBUNAL MUMBAI BENCH-I

In the matter of the Companies Act,

2013; AND

In the matter of Sections 230 to Section 232 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamation)

Rules, 2016;

AND

In the matter of

The Scheme of Arrangement Between SAHYADRI AGRO AND DAIRY

PRIVATE LIMITED

[CIN: U01403PN2010PTC149866]

(First Applicant

Company/Transferor Company)

AND

HORIZONTAL VENTURES PRIVATE

LIMITED

[CIN: U45100MH2007PTC173394]

(Second Applicant

Company/Transferee Company)

And their respective Shareholders

and Creditors.

[First Applicant Company and Second Applicant Company are hereinafter collectively referred as ‘Applicant Companies’]

Order delivered on 29.10.2025 Coram:

Shri. Prabhat Kumar Shri Sushil Mahadeorao Kochey Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances :

For the Applicants : CA Harsh Ruparelia i/b M/s A R C H and Associates ORDER

1. The Professional for the Applicant Company states that the present Scheme is a Scheme of Arrangement between Sahyadri Agro and Dairy Private Limited (“Transferor Company”) and Horizontal Ventures Private Limited (“Transferee Company”)