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GFL Limited's merger with INOX Infrastructure Limited was sanctioned by the National Company Law Tribunal
06-Nov-2026, 04:53

GFL Limited said its board approved a resolution to note the order of the National Company Law Tribunal, Mumbai Bench, sanctioning a scheme of merger by absorption of INOX Infrastructure Limited with and into GFL Limited. The Appointed Date of the scheme is April 1, 2026, and it will become effective on a date to be announced separately, following filing with the Registrar of Companies. As INOX Infrastructure Limited is a wholly owned subsidiary of GFL Limited, the equity shares held by GFL Limited in INOX Infrastructure Limited will be cancelled and no shares will be issued as consideration.