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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Shareholders approve merger of INA India and LuK India into Schaeffler India · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Mar 20, 2018ACQUISITIONIndia

Shareholders approve merger of INA India and LuK India into Schaeffler India

Shareholders and creditors of Schaeffler India, INA Bearings India and LuK India voted in favor of merging the two unlisted entities into Schaeffler India. The merger will streamline operations under one corporate umbrella.

Status

Announced

Productsbearingsautomotive components

CompaniesSchaeffler India INA Bearings India target LuK India target

Sectors#Industrial Machinery

“The merger is now pending sanction from the NCLT benches in Chennai and Mumbai.”motownindia.com

1 source
motownindia.comShareholders vote for merger of INA India, LuK India into Schaeffler IndiaMar 22, 2018

Summarized from public sources; check the original articles before acting on it.

More from Schaeffler India

Nov 23, 2021NEW FACILITYHosur, Tamil Nadu, India$40.3M300 jobs
Schaeffler India signs MoU for greenfield transmission plant in Hosur, Tamil Nadu
Schaeffler India Guidance (Tamil Nadu) partner thehindubusinessline.com
Nov 1, 2021INVESTMENTHosur, Tamil Nadu, India$40.0M300 jobs
Schaeffler India to build greenfield transmission plant in Hosur, Tamil Nadu
Schaeffler India Guidance partner mobilityoutlook.com
Sep 7, 2018ACQUISITIONNew Delhi, India
NCLT approves merger of LuK India and INA Bearings with Schaeffler India
Schaeffler India acquirer INA Bearings India target thehindubusinessline.com
Nov 27, 2017EXPANSIONTalegaon, Pune, India, India$31.0M
Schaeffler India to invest Rs 200 crore in Pune plant expansion
Schaeffler India INA Bearings India partner auto.economictimes.indiatimes.com
Sep 1, 2017ACQUISITIONIndia, India3,000 jobs
Schaeffler to merge three Indian entities into Schaeffler India
Schaeffler Schaeffler India target moneycontrol.com

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