Merger13 Nov 2026, 04:26 pm
GFL Ltd: Merger Scheme Effective Nov 13, 2026
AI Summary
GFL Ltd announced that its Scheme of Merger by Absorption of INOX Infrastructure Limited has become effective on Friday, November 13, 2026. This follows the filing of Form INC-28 with the Register of Companies, Maharashtra, Mumbai. The scheme was sanctioned by the National Company Law Tribunal, Mumbai Bench, with an appointed date of April 1, 2026. As a result of the merger, INOX Infrastructure Limited stands dissolved without winding up. GFL Ltd's authorized share capital has also been increased to INR 70,00,00,000 (₹70 Crore) divided into 70,00,00,000 equity shares of ₹1 each, reflecting the combined entities.
Key Highlights
- Merger scheme between GFL Ltd and INOX Infrastructure Ltd is effective from November 13, 2026.
- Form INC-28 filed, signifying the completion of regulatory steps for the merger.
- INOX Infrastructure Ltd dissolved without winding up post-merger.
- GFL Ltd's authorized share capital increased to ₹70 Crore.
- Appointed date for the scheme is April 1, 2026.
Price Impact
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