Merger23 Mar 2026, 05:51 pm
Godawari Power and Ispat Ltd Announces Scheme of Amalgamation with Godawari Energy Limited
AI Summary
Godawari Power and Ispat Ltd has announced the successful amalgamation with Godawari Energy Limited, following the sanction of the Scheme of Amalgamation by the National Company Law Tribunal, Cuttack Bench. The Scheme has become effective from March 23, 2026, with the appointed date being April 1, 2025. The order includes minor typographical corrections, as stated in the Corrigendum Order dated March 11, 2026.
Key Highlights
- Godawari Power and Ispat Ltd has successfully amalgamated with Godawari Energy Limited.
- The Scheme of Amalgamation has been sanctioned by the National Company Law Tribunal, Cuttack Bench.
- The Scheme has become effective from March 23, 2026, with the appointed date being April 1, 2025.
- The order includes minor typographical corrections as per the Corrigendum Order dated March 11, 2026.
- The amalgamation is in accordance with Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.