Widely read:
In connection with the Scheme of Amalgamation (The scheme) of Gallantt Ispat Limited (GIL) AAR Commercial Company Limited (AAR) Hipoline Commerce Private Limited (Hipoline) Lexi Exports Private Limited (Lexi) and Richie Credit and Finance Private Limited (Richie) with Gallantt Metal Limited (GML) and slump sale of power plant undertaking of GIL to GML (the Scheme) under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act 2013 read with the Rules framed thereunder the order was pronounced by the Honble National Company Law Tribunal New Delhi Bench on May 20 2022 approving the said Scheme of Amalgamation and Slump Sale and Company has received the copy of the abovementioned order on May 24 2022 from the Advocates of the Company and the same is enclosed herewith.
