Ramkrishna Forgings gets NCLT approval for acquisition of ACIL Limited

Ramkrishna Forgings gets NCLT approval for acquisition of ACIL Limited

Ramkrishna Forgings Limited, a leading supplier of rolled, forged, and machined products, has secured approval from the National Company Law Tribunal (NCLT), New Delhi, for the acquisition of ACIL Limited. ACIL Limited, renowned for its high precision engineering automotive components, brings a wealth of expertise to Ramkrishna Forgings. With a focus on manufacturing critical components […]

Reliance Industries withdraws NCLT application for spin off of O2C unit

Reliance Industries withdraws NCLT application for spin off of O2C unit

Reliance Industries Ltd (RIL) announced that it will withdraw its application to obtain the requisite approvals from the National Company Law Tribunal (NCLT) regarding the spinning off of its oil-to-chemicals (O2C) business into an independent entity. The Indian conglomerate said that the reason for the move is the evolving nature of the oil-to-chemical business. The application currently […]