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Aurobindo Pharma receives NCLT approval for scheme of amalgamation

Aurobindo Pharma announced that it received the approval of the Hon ble National Company Law Tribunal, Hyderabad bench vide order dated 30 March 2021 for the modified scheme of amalgamation of wholly owned subsidiaries of Aurobindo Pharma viz., APL Healthcare and APL Research Centre and Aurozymes and Curepro Parenterals and Hyacinths Pharma and Silicon Life Sciences with Aurobindo Pharma.
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GTPL Hathway update on composite scheme of arrangement

GTPL Hathway update on composite scheme of arrangement
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GMM Pfaudler acquires assets of HDO Technologies Limited

GMM Pfaudler acquires assets of HDO Technologies Limited
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GMM Pfaudler gains 8% on acquiring HDO Technologies' assets for Rs 58 crore

Shares of GMM Pfaudler rallied 8 per cent to Rs 4,550 on the BSE in intra-day trade on Wednesday after the company said it has acquired assets of HDO Technologies in liquidation for a total consideration of Rs 58.46 crore.
The acquisition will significantly enhance the company’s capacity and augment capabilities in heavy engineering and free up capacity at the company’s Karamsad facility to expand glass-lined business; a very timely opportunity that fits perfectly with our long term strategy of growing all business lines, the management said.
GMM Pfaudler in a press release said the company has participated in the e-auction process for the sale of assets (factory land, building, plant and machinery, office equipment, computers, furniture and fixtures, vehicles and capital work in progress) owned by HDO Technologies (in liquidation) in accordance with the process memorandum dated February 23, 2021 issued by HDO Technologies’ Liquidator under the provisions of Insolv ....

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CARE downgrades ratings of Srei Infrastructure Finance Limited to default category

CARE downgrades ratings of Srei Infrastructure Finance Limited to default category ....

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