# Hindware Home Innovation Receives NCLT Order Sanctioning Consumer Business Demerger

> Hindware Home Innovation received an NCLT order sanctioning a composite scheme that demerges its consumer business into HHIL Limited and amalgamates the rest into Hindware Limited.

- Published: 2026-11-06T14:36:07+00:00
- Section: Divestitures
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-06/hindware-home-innovation-nclt-demerger-order
- Source: [ScanX](https://scanx.trade/stock-market-news/companies/hindware-home-innovation-receives-nclt-order-composite-scheme/55519581)

## Key takeaways

- The NCLT Kolkata Bench passed the final order on October 14, 2026, under Sections 230 to 232 of the Companies Act, 2013.
- HHIL Limited receives total assets of ₹46,909.18 lakh against liabilities of ₹21,153.59 lakh.
- Shareholders receive 1 fully paid-up equity share of face value ₹2 in each new entity for every 1 share held.

[Hindware Home Innovation Limited](https://akta.pro/company-profiles/003h7q1/hindware-home-innovation-limited) received a certified copy of a National Company Law Tribunal order on November 6, 2026, sanctioning a composite scheme that demerges its consumer products business into HHIL Limited and amalgamates the remaining building products business into Hindware Limited. [ScanX](https://scanx.trade/stock-market-news/companies/hindware-home-innovation-receives-nclt-order-composite-scheme/55519581) reported the exchange intimation.

## How the Hindware Composite Scheme Splits

The NCLT Kolkata Bench passed the final order on October 14, 2026, under Sections 230 to 232 of the Companies Act, 2013, according to akta.pro [company records](https://akta.pro/company-data). The scheme takes effect from an appointed date of April 1, 2025. The company filed the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Under the demerger, the Consumer Products Business moves from Hindware Home Innovation Limited into HHIL Limited, the resulting company. Under the amalgamation, the Remaining Transferor Company, which holds the Building Products Business, merges into Hindware Limited, the transferee company.

Shareholders receive 1 fully paid-up equity share of face value ₹2 in HHIL Limited for every 1 share of Hindware Home Innovation, and 1 fully paid-up equity share of face value ₹2 in Hindware Limited for every 1 share of Hindware Home Innovation. The ratios were determined by valuation reports prepared by Ernst & Young Merchant Banking Services LLP.

## What Each Entity Receives

HHIL Limited receives total assets of ₹46,909.18 lakh against total liabilities of ₹21,153.59 lakh, including trade receivables of ₹9,079.93 lakh and inventories of ₹9,056.26 lakh. Hindware Limited receives total assets of ₹12.00 lakh with no liabilities, primarily consisting of investments.

## Hindware's Earlier Moves Before the Demerger

In October 2026, the NCLT Kolkata sanctioned the composite scheme on October 14, demerging the consumer products business into HHIL Limited and amalgamating the remaining building products business into Hindware Limited, ScanX reported. In June 2026, Hindware Home Innovation completed the acquisition of Hintastica Private Limited for ₹2.79 crore, buying 5,48,787 equity shares from Atlantic Société Française de Développement Thermique, ScanX reported. In August 2026, the company convened its 9th Annual General Meeting to approve FY26 financial results and appoint Shashvat Somany as a Non-Executive Non-Independent Director, ScanX reported.

## When the Hindware Scheme Takes Effect

The scheme becomes effective upon filing the certified copy of the order with the Registrar of Companies. Hindware Home Innovation will intimate the Effective Date and Record Date to the stock exchanges in due course. HHIL Limited and Hindware Limited are each required to apply for listing their equity shares on BSE and NSE.

## Companies in this story

- [Hindware Home Innovation Limited company profile](https://akta.pro/company-profiles/003h7q1/hindware-home-innovation-limited) · website: https://www.hindwarehomes.com

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