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Investegate |RHI Magnesita N.V. Announcements | RHI Magnesita N.V.: Half-year Report

Investegate |RHI Magnesita N.V. Announcements | RHI Magnesita N.V.: Half-year Report
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RHI Magnesita's two Indian businesses merge with Orient Refractories Limited


Synopsis
“From the material on record, the Scheme of Amalgamation appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to the public interest,” NCLT bench headed by justices Suchitra Kanuparthi and Rajesh Sharma passed the order dated 5th of May.
Agencies
The proposed amalgamation will lead to simplification of the corporate structure and consolidation of the India businesses of the RHIM group,
The National Company Law Tribunal (NCLT) has approved the scheme of amalgamation of Indian subsidiaries of RHI Magnesita, a global refractory manufacturing company that will make the two subsidiary companies RHI Clasil and RHI India to be merged into the public listed entity ....

Rajesh Sharma , Parmod Sagar , Suchitra Kanuparthi , National Company Law Tribunal , National Company Law Appellate Tribunal , Orient Refractories Limited , Rhi Magnesita , Product Portfolio , ராஜேஷ் ஷர்மா , பார்மோட் சாகர் , சூச்சித்ர கணுபார்த்தி , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் , ஆரியெஂட் பயனற்றவை வரையறுக்கப்பட்டவை , ப்ராடக்ட் போர்ட்‌ஃபோலீயோ ,