GFL Limited Board Approves Scheme Merger & Filing after NCLT Order Sanction
GFL · Finance
Key highlights
- NCLT Mumbai Bench sanctioned merger scheme of INOX Infrastructure Limited into GFL Limited on Sept 28, 2026.
- Shares held by GFL in INOX Infrastructure will be cancelled; no shares to be issued as consideration.
- Board approved filing certified true copy of the sanction order with Registrar of Companies Mumbai via e-Form INC-28 within 30 days.
Why it's rated notable: The NCLT sanction covers the merger of wholly owned subsidiary Inox Infrastructure Limited, which states no amount and no shares issued as consideration, so the level is capped at medium.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from GFL
- Acquisition / mergerNotableGFL Limited receives certified order for merger with INOX Infrastructure Limited
- Acquisition / mergerNotableGFL Limited announces NCLT approval of merger with INOX Infrastructure Limited
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.