# Ramkrishna Forgings secures NCLT approval for acquisition of ACIL

Ramkrishna Forgings Limited announced that its resolution plan for the acquisition of ACIL Limited has been approved by the National Company Law Tribunal, New Delhi. ACIL manufactures high-precision automotive components including crankshafts.

- Type: Acquisition
- Announced: 2023-12-22
- Where: Gurugram, Haryana, India
- Status: announced
- Products: crankshafts, connecting rods, steering knuckles, hubs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ramkrishna Forgings](https://endata.com/companies/58391.md) (acquirer)
- [ACIL Limited](https://endata.com/companies/74630.md) (target)

## Sources

- [freepressjournal.in](https://www.freepressjournal.in/business/ramkrishna-forgings-secures-nclt-approval-for-acquisition-of-acil), 2023-12-22: "We are pleased to announce the NCLT approval for the acquisition of ACIL Limited, a move that aligns seamlessly with our strategic growth objectives."
- [marklines.com](https://www.marklines.com/en/news/300410), 2023-12-22: "Ramkrishna Forgings Limited announced that its resolution plan submitted for the acquisition of ACIL Limited has been approved by the National Company Law Tribunal, New Delhi."

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