Partnership25 Jan 2024, 10:57 pm
Mahanagar Gas Limited Enters into Agreement with Lenders of Unison Enviro Private Limited
AI Summary
Mahanagar Gas Limited has entered into an agreement with the lenders of Unison Enviro Private Limited to create a pledge of up to 51% of the paid-up share capital of UEPL. The company has received approval from the Petroleum and Natural Gas Regulatory Board for the transfer of 100% of the shareholding of UEPL from its existing shareholders to Mahanagar Gas Limited.,
Key Highlights
- Creation of pledge of up to 51% of paid-up share capital of UEPL
- Approval from Petroleum and Natural Gas Regulatory Board for transfer of shareholding
- Agreeement with lenders of UEPL