Merger7 May 2026, 06:51 pm
Savita Oil: Amalgamation Scheme with Savita GreenTec Approved
AI Summary
Savita Oil Technologies Ltd. has announced the approval of a scheme of amalgamation between Savita GreenTec Limited, its wholly-owned subsidiary, and the company. The amalgamation is under Sections 230 to 232 of the Companies Act, 2013. The certified copy of the Scheme has been enclosed for disclosure purposes, as per Regulation 37(6) of the LODR Regulations.
Key Highlights
- Savita Oil Technologies approves amalgamation scheme with Savita GreenTec.
- The amalgamation is under Sections 230-232 of the Companies Act, 2013.
- Savita GreenTec is a wholly-owned subsidiary of Savita Oil Technologies.
- Disclosure made under Regulation 37(6) of LODR Regulations.