Announced Fri, 6 Nov, 2026 · 16:20 IST
NCLT sanctions absorption of wholly owned INOX Infrastructure
GFLLIMITED · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
GFL Limited's board noted the NCLT order sanctioning the merger by absorption of wholly owned subsidiary INOX Infrastructure into GFL. The scheme's appointed date is April 1, 2026, and it becomes effective after the certified order and scheme are filed with the Registrar of Companies. No GFL shares will be issued as consideration.
Likely market impact
The merger may simplify GFL's structure without share dilution, but completion still depends on the final filing with the Registrar of Companies.