PSUs

Wholly-Owned Subsidiary HSCC Merges With Parent Co NBCC

By IndianMandarins- 18 Jul 2026

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New Delhi (18.07.2026): NBCC (India) Ltd has taken a significant step towards streamlining its corporate structure with the merger of its wholly-owned subsidiary HSCC (India) Limited. The Board of Directors of NBCC had approved the Scheme of Arrangement for Merger of HSCC with NBCC and their respective shareholders and creditors on July 14, 2026.

HSCC is a 100% subsidiary of NBCC engaged in healthcare infrastructure consultancy and project management services. No new shares will be issued by NBCC as part of the merger since HSCC is a wholly-owned subsidiary. The merger aims to simplify the corporate structure, reduce administrative and compliance costs, eliminate duplication of functions, and create a stronger, unified platform for infrastructure delivery.

The move aligns with the Government of India’s policy of rationalising and consolidating Central Public Sector Enterprises (CPSEs) to enhance scale and efficiency.

The Scheme is implemented under Sections 230 to 232 of the Companies Act, 2013 and other applicable provisions. It has already received ‘No Objection’ from the Department of Investment and Public Asset Management (DIPAM).