In the matter of

Sections 230 to 232 of the Companies Act, 2013

and

In the matter of

Scheme of Arrangement between

SRV Polytex Private Limited … Demerged Company/ [CIN: U45100MH1997PTC106705] Petitioner Company-1

and

Skyvee Industries Private Limited … Resulting Company/

[CIN: U13999MH2023PTC401465] Petitioner Company-2

Pronounced: 09.12.2025

CORAM:

SHRI ANIL RAJ CHELLAN SHRI K. R. SAJI KUMAR

HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

Appearances : Hybrid

For the Applicants : Adv. Hemant Sethi a/w Adv. Tanaya Sethi

i/b Hemant Sethi

For the Regional Director : Mr. Tushar Wagh, Authorised

Representative of the Regional Director-

WR, MCA. O R D E R

1. The sanction of this Tribunal is sought under Sections 230 to 232 of the Companies

Act, 2013 to the Scheme of Arrangement between SRV Polytex Private Limited (Demerged Company) and Skyvee Industries Private Limited (Resulting Company)

and their respective shareholders (Scheme).

2. Heard the Ld. Counsel for the Applicant Companies and the Representative of the

Regional Director (WR), Ministry of Corporate Affairs, Mumbai. Neither any objector has come before this Tribunal to oppose the Scheme nor has any party controverted

any averments made in the App