NCLT, India approved merger of MEML with Mahindra and Mahindra Limited

On January 13, Mahindra and Mahindra Limited announced that National Company Law Tribunal, Mumbai Bench (‘NCLT’) based on a hearing held on January 6, 2023, and pronouncement of order on January 13, 2023, approved the scheme of merger by absorption of Mahindra Electric Mobility Limited (MEML) with Mahindra and Mahind....

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