Merger7 May 2026, 07:42 pm
Arvind Ltd: AAML completes merger with Dalco GF Technologies
AI Summary
Arvind Ltd's subsidiary, Arvind Advanced Materials Limited (AAML), has completed a merger through its step-down subsidiary, Arvind Advanced Materials US Bidco LLC, with Dalco GF Technologies, LLC in Delaware, USA. The merger was completed under applicable U.S. laws, with the certificate of merger received on May 7, 2026. Following the merger, Dalco GF Technologies, LLC becomes a wholly-owned step-down subsidiary of AAML. The cash consideration for the merger was USD 85.40 million as part of internal group structuring.
Key Highlights
- Arvind Advanced Materials US Bidco LLC merged into Dalco GF Technologies, LLC.
- Dalco GF Technologies, LLC now a wholly-owned step-down subsidiary of AAML.
- Merger completed under U.S. laws; certificate received May 7, 2026.
- Cash consideration for the merger was USD 85.40 million.
- The merger is part of internal group restructuring.