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The National Company Law Tribunal has approved the amalgamation of Hinduja Foundries with Ashok Leyland, with an appointed date of October 1, 2016. The scheme will become effective upon filing with the Registrar of Companies.
“the National Company Law Tribunal, Chennai, vide their Order dated April 24, 2017, has approved the Scheme of Amalgamation of Hinduja Foundries with Ashok Leyland”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.