# 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.

- Type: Acquisition
- Announced: 2018-03-20
- Where: India
- Status: announced
- Products: bearings, automotive components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schaeffler India](https://endata.com/companies/8619.md)
- [INA Bearings India](https://endata.com/companies/17930.md) (target)
- [LuK India](https://endata.com/companies/18418.md) (target)

## Sources

- [motownindia.com](https://www.motownindia.com/InNews/In%20the%20News/1373/Shareholders-vote-for-merger-of-INA-India-LuK-India-into-Schaeffler-India), 2018-03-22: "The merger is now pending sanction from the NCLT benches in Chennai and Mumbai."

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