Tata Steel Ltd today said that the Bombay High Court has approved the scheme of amalgamation between the steel producer and Tata Metaliks and Tata Metaliks Dl Pipes and their respective shareholders and creditors.
In a BSE notification, the company said a certified true copy of the order from Bombay High Court is awaited.
The merger scheme is still pending before the Calcutta High Court and the same will be effective only upon sanction by this court.
Source: Business Standard
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