We write to inform you that the National Company Law Tribunal (NCLT) Mumbai Bench vide its order pronounced on January 15 2020 has approved the captioned Scheme. The appointed date of the Scheme is October 1 2018 and the scheme will be effective from the date of filing of NCLT order with the Registrar of Companies Mumbai.
Enclosed is copy of order pronounced on January 15 2020 and uploaded on the website of NCLT on January 16 2020.
As per the Scheme inter-alia our Company Gujarat Borosil Limited will amalgamate with Borosil Glass Works Limited and shall stand dissolved without winding up as per Clause 18 of the Scheme.
Kindly take note of the same.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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