Loading...
Market
Will Zepto undergo a key leadership change by the end of 2025?
2
Zepto•National Company Law Tribunal•NCLT•Singapore•Mumbai•Kiranakart•India•Reserve Bank of India•RBI
Resolution / Starting Odds
New CEO • 25%
New CFO • 25%
New CTO • 25%
No key leadership change • 25%
Company announcements or news reports
Story
Zepto Secures NCLT Approval for Merger with Kiranakart, Completing Flip to India in 30 Days Ahead of IPO
Jan 13, 2025, 04:54 AM
Zepto has received approval from the National Company Law Tribunal (NCLT) to merge its Singapore parent company with its Mumbai-based subsidiary, Kiranakart. This decision facilitates the company's transition back to India, a move aimed at addressing regulatory challenges and enhancing shareholder value. The merger is expected to be completed within the next 30 days, as Zepto prepares for a potential initial public offering (IPO) in India later this year. The NCLT's ruling indicates that the flip will not require approval from the Reserve Bank of India (RBI).
View original story
Similar markets
No change • 25%
New CEO • 25%
New CFO • 25%
New CEO and CFO • 25%
Other changes • 25%
Board reshuffle • 25%
CEO resigns • 25%
No change • 25%
Other leadership changes • 25%
No significant changes • 25%
Board reshuffle • 25%
CEO change • 25%
COO change • 25%
CISO change • 25%
No changes • 25%
CEO change • 25%
New CEO from Gol • 25%
John Rodgerson remains CEO • 25%
New CEO from Azul • 25%
External hire • 25%
No changes • 25%
Nunes remains CEO • 25%
New CEO appointed • 25%
Restructuring of executive team • 25%
CEO replaced • 25%
No leadership change • 25%
Both CEO and CFO replaced • 25%
CFO replaced • 25%
