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Gujarat Automotive Gears gets NCLT’s nod for scheme of amalgamation

07 Dec 2017 Evaluate

Gujarat Automotive Gears has received the National Company Law Tribunal’s (NCLT) approval for the scheme of amalgamation of Him Teknoforge with itself and their respective shareholders on December 04, 2017. The Scheme will become effective upon filing of the Certified Copy of Order of the NCLT with Registrar of Companies, Himachal Pradesh.

Gujarat Automotive Gears is manufacturer of auto and tractor components. The primary products of the company are transmission gears, axle shafts, propeller shaft components, king pin units, wheel spanners, tractor components, etc.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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