Corporate Action12 Oct 2026, 06:40 pm
GPT Infra: NCLT Meeting for Shareholder & Creditor Approval of Scheme
AI Summary
GPT Infraprojects Limited has announced an NCLT-convened meeting for its equity shareholders, secured creditors, and unsecured creditors. The meeting, scheduled for Friday, November 13, 2026, will consider and approve a proposed scheme under Sections 230-232 of the Companies Act, 2013. This scheme involves the amalgamation of Alcon Builders and Engineers Private Limited and Jogbani Highway Private Limited with GPT Infraprojects Limited. The meeting will be conducted via Video Conference/Other Audio-Visual Means for shareholders and physically for creditors. Remote e-voting for shareholders will be available from November 10 to November 12, 2026.
Key Highlights
- NCLT-convened meetings for shareholders and creditors scheduled for Nov 13, 2026.
- Purpose is to approve a scheme of amalgamation for two subsidiaries.
- Shareholders can participate via VC/OAVM; creditors physically.
- Remote e-voting facility available for shareholders from Nov 10-12, 2026.
Price Impact
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