India, Dec. 23 -- The Bengaluru bench of National Company Law Tribunal (NCLT) has approved the merger of Amazon India's logistics and transport arm Amazon Transportation Services Pvt Ltd (ATSPL) with its marketplace unit Amazon Seller Services Pvt Ltd (ASSPL).
As per the order dated December 15, 2025, ASSPL will issue 38 equity shares for every 10 equity shares held in ATSPL. With this merger, ATSPL will stand dissolved and all its liabilities transferred to ASSPL.
The NCLT bench, comprising Sunil Kumar Aggarwal and Radhakrishna Sreepada, also directed the two companies to submit details on the steps being taken to protect the interests of the transferor company's employees.
"The petitioner companies shall be bound to comply with the a...
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