Global News

[ad_1] Jindal Stainless had received regulatory approval for its merger with Jindal Stainless (Hisar) from NCLT In December 2022, Jindal Stainless had received regulatory approval for its merger with Jindal Stainless (Hisar) from NCLT Jindal Stainless (Hisar) (JSHL) shares hit a record high of Rs 504.55 as they gained 3 per cent on the BSE in Friday’s intra-day trade after the company fixed Thursday, March 9, 2023 as record date for merger of Jindal Stainless (Hisar) with Jindal Stainless. “..in terms of Regulation 42 and 60 of SEBI Listing Regulations, the requirements of the stock exchanges and pursuant to Clauses 15 and 34 and other applicable provisions of the composite scheme, to fix Thursday, March 9, 2023 as the Record Date, for the purpose of determining the entitlement for issue of Equity shares of the company to the shareholders of JSHL and JSLLL based on the share exchange ratio," said Jindal Stainless announced in the exchange filing. JSHL Board approved merger of...

[ad_1] The National Company Law Tribunal (NCLT) on Friday directed the resolution professional of cash-strapped grounded airlines Go First to submit details of the subsequent developments. A two-member bench of NCLT, comprising Mahendra Khandelwal and Rahul P Bhatnagar, directed the resolution professional (RP) to file an additional affidavit in the next 10 days, including the status of the maintenance of the leased aircraft. Also read:  Agitated Lufthansa Pilot Draws 24 Km Long Giant Penis In Sky: Here's Why? Moreover, the insolvency tribunal has also asked the RP to file the reply over the pleas filed by three new Go First lessors in two weeks and a rejoinder, if any, by them next week. It has directed to list the matter on September 1 for the next hearing. The three new lessors are - DAE (SY 22) 13 Ireland, EOS Aviation 12 Ireland and Accipiter Investments Aircraft 2 Ltd. Pleadings on the petitions filed by six other lessors have been completed. ...