# NCLT approves merger of Hinduja Foundries with Ashok Leyland

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.

- Type: Acquisition
- Announced: 2017-04-24
- Where: India
- Status: completed
- Products: foundry products, automotive castings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hinduja Foundries](https://endata.com/companies/17099.md) (target)
- [Ashok Leyland](https://endata.com/companies/17100.md) (acquirer)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/markets/stock-markets/nclt-approves-merger-of-hinduja-foundries-with-ashok-leyland/article9672278.ece), 2017-04-28: "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"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.