Arkade Developers Completes Filing of Form INC-28 Following NCLT Approval of Demerger Scheme
Published on: March 26, 2026, 2:21 a.m. | Source: scanx.trade
Arkade Developers Limited has filed Form INC-28 with ROC Mumbai on March 25, 2026, following NCLT approval of its demerger scheme with subsidiary Filmistan Private Limited. The arrangement transfers Filmistan's rental business undertaking, including tenancy rights over land in Goregaon (West), to Arkade Developers with an appointed date of August 1, 2025. The scheme aims to streamline operations by consolidating leasehold rights with underlying land ownership, achieving administrative efficiencies and positioning the company for future real estate opportunities.
