
GFL Ltd Receives NCLT Order Approving Merger with INOX Infrastructure
GFL Limited has announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has pronounced its order sanctioning the Scheme of Merger by Absorption of INOX Infrastructure Limited with GFL Limited. This follows an earlier communication on July 14, 2026, regarding the final hearing for the company scheme petition. The merger, approved under Sections 230 to 232 of the Companies Act, 2013, involves INOX Infrastructure Limited as the Transferor Company and GFL Limited as the Transferee Company. The NCLT's order was pronounced on September 28, 2026. INOX Infrastructure Limited was incorporated in 2007 and engaged in real estate development, while GFL Limited, incorporated in 1987, is involved in investment product distribution and holds investments in group companies. GFL Limited is a listed entity on BSE and NSE.
Key Highlights
- NCLT approves merger of INOX Infrastructure with GFL Limited.
- Merger sanctioned under Sections 230-232 of the Companies Act, 2013.
- Order pronounced by NCLT Mumbai Bench on September 28, 2026.
- GFL Limited is the transferee company, INOX Infrastructure is the transferor.
- GFL Limited is a listed company on BSE and NSE.
Price Impact
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