GMR gets NCLT  approval for Composite Scheme of Arrangement


New Delhi : The  National Company Law Tribunal, Mumbai Bench, by its order pronounced on December 22, 2021, has approved the Composite Scheme of Arrangement amongst GMR Power Infra Limited (GPIL), GMR Infrastructure Limited (GIL) and GMR Power and Urban Infra Limited (GPUIL) and their respective shareholders under Sections 230 to 232 of the Companies Act, 2013.

The Tribunal after hearing the Company Petition filed in this regard has, by its order pronounced on December 22, 2021 sanctioned the Scheme, wherein the Appointed Date is April 01, 2021.

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