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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
GFL Ltd's directors acknowledged a court order approving the merger of its subsidiary, INOX Infrastructure.
🤖 AI Summary
GFL Limited's board took note of NCLT's order sanctioning the INOX Infrastructure merger.
The merger's appointed date was April 1, 2026, with the scheme effective upon filing.
Equity shares held by GFL in INOX Infrastructure will be cancelled post-merger.
Board approved filing Form INC-28 with the Registrar of Companies, Mumbai.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Appointed Date
April 1, 2026
Company Scheme Petition No.
C.P.(CAA)/88(MB)/2026
Company Scheme Application No.
C.A.(CAA)/64(MB)/2026
🏢 How This Affects the Company
📈
Business Impact
The merger of INOX Infrastructure Limited into GFL Limited is proceeding, marking a step towards consolidation. The appointed date for the scheme is April 1, 2026.
💰
Financial Impact
Upon the scheme becoming effective, equity shares of the transferor company held by GFL Limited will be cancelled. No shares will be issued by GFL as consideration.
⚙️
Operational Impact
The board approved the filing of the certified true copy of the NCLT order with the Registrar of Companies, Mumbai, in e-Form INC-28.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Shareholders will be informed when the scheme becomes effective.
👤
Who Is Affected
Shareholders of GFL Limited will be indirectly affected by the consolidation. No shares will be issued by GFL as consideration for the merger.
🔍
Management Signal
Management is actively progressing the approved merger scheme by noting the NCLT order and initiating statutory filings.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Intimation on the Scheme becoming effective upon filing with ROC.
Confirmation of e-Form INC-28 filing with Registrar of Companies, Mumbai.
Updated financial statements reflecting the consolidated entity post-merger.
LOW RISKRoutine regulatory compliance following NCLT approval of a pre-announced merger.
💡 Investor Takeaway
GFL Limited's board has taken note of the NCLT's order sanctioning the merger of INOX Infrastructure. The scheme's appointed date is April 1, 2026, and shares of the transferor company will be cancelled.
⚖️ Strengths & Concerns
✅ Positives
NCLT order sanctioning the merger of INOX Infrastructure Limited into GFL Limited has been acknowledged.
Company proceeding with statutory filings for the merger post-NCLT sanction, effective April 1, 2026.
📅 Company Track Record
GFL Limited previously received the final NCLT order for the INOX Infrastructure Limited merger, effective April 1, 2026, on October 15, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What action did GFL Limited's board take regarding the NCLT order?
The board took note of the NCLT order sanctioning the merger of INOX Infrastructure Limited and approved filing Form INC-28.
What is the appointed date for the merger of INOX Infrastructure with GFL Limited?
The appointed date for the Scheme of Merger by Absorption is April 1, 2026.
Will GFL Limited issue new shares as consideration for the merger?
No, equity shares of INOX Infrastructure held by GFL Limited will stand cancelled, and no shares will be issued as consideration.
Which NCLT petition relates to the GFL Ltd merger with INOX Infrastructure?
The relevant NCLT order is in Company Scheme Petition No. C.P.(CAA)/88(MB)/2026 and Company Scheme Application No. C.A.(CAA)/64(MB)/2026.
Questions based on this BSE filing only. For information purposes.
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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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