Camphor & Allied Products Ltd. (BSE:500078) agreed to acquire Oriental Aromatics Ltd for INR 3 billion on November 30, 2015. Under the terms of consideration, shareholders of Oriental Aromatics will receive 1.56 Camphor share for each Oriental Aromatics share. As on December 31, 2015, Oriental Aromatics had net worth of INR 1.36 billion. All permanent employees of Oriental Aromatics Ltd will become employees of Camphor & Allied Products Ltd. Post transaction, the combined entity will be named Oriental Aromatics Ltd. The transaction is subject to approval by High Court and such other authorities as may be necessary. The transaction has been approved by the Board of Directors, shareholders and creditors of Camphor & Allied Products and Oriental Aromatics Ltd. Limited. BSE Limited has issued a no observation letter on July 19, 2016. As on November 16, 2017, National Company Law Tribunal, Mumbai Bench pronounced the order sanctioning the scheme of amalgamation. Camphor & Allied Products Ltd. (BSE:500078) completed the acquisition of Oriental Aromatics Ltd on January 23, 2018.