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Gammon India provides update on scheme of arrangement

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Capital Market

Files copy of NCLT order with RoC, Mumbai

Gammon India announced that it have received the certified true copy of the order of the National Company Law Tribunal, Mumbai Bench on 18 April 2017 approving the Scheme of Arrangement between Gammon India ('GIL' or 'the Transferor Company') and Transrail Lighting ('TLL' or 'the Transferee Company') and their respective shareholders and creditors ('the Scheme'). A copy of the said order has been filed with the Registrar of Companies ('ROC') Mumbai, on 19 April 2017. The Scheme of Arrangement has come into effect upon filing of the copy of order with the ROC.

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First Published: Apr 20 2017 | 4:43 PM IST

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