GTL Infrastructure has received an approval from Securities and Exchange Board of India (SEBI), Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) for the proposed Scheme of Amalgamation of Chennai Network Infrastructure (CNIL) with itself.
The Company had previously received the approval from the Competition Commission of India; the in-principle approval of the Joint Lenders Forum; and the approval of the Series B FCCB holders.
GTL Infrastructure is the pioneer in Shared Telecom Infrastructure in India. The company offers ready to use passive infrastructure to wireless telecom operators.
