Stay updated with breaking news from Appointed Date. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As per the filing, the subsidiaries to be merged with Adani Power are Adani Power Maharashtra, Adani Power Rajasthan, Adani Power (Mundra) , Udupi Power Corporation, Raipur Energen, and Raigarh Energy Generation, , adani power, mergers
The demerger will allow each of the two businesses, Compounding, and Reprocessing, to have a separately defined strategy, the company said.
The restructuring of gasification assets will unlock value, provide flexibility for Reliance Industries Limited (RIL).Gasification Undertaking is proposed to be transferred, as a going concern on Slump Sale basis, by way of a Scheme of ...
Reliance Industries Ltd's Board on Wednesday decided to implement a 'Scheme of Arrangement' to transfer the 'Gasification' undertaking into a wholly-owned subsidiary (WOS)."RIL targets to have a portfolio which is fully re-cyclable, ...
At meeting held on 28 June 2021The Board of Welspun Corp at its meeting held on 28 June 2021 has decided to propose to National Company Law Tribunal (NCLT) for its approval the Scheme of Arrangement between Welspun Steel (the Demerged Company) and Welspun Corp (WCL/the Company/the Resulting Company) and their respective shareholders (Scheme). The Scheme, inter alia, provides for demerger of the Demerged Undertaking (comprising of the Steel Operating Business (as defined hereinafter) and investments held in Welspun Specialty Solutions (WSSL) (50.03%), Anjar TMT Steel (ATSPL) (100%) and Welspu...