Godawari Power and Ispat Limited on Monday announced that its board of directors have approved the merger of its wholly owned subsidiary, Godawari Energy Limited with the company. “The Scheme of Amalgamation is subject to necessary statutory and regulatory approvals including the approvals of the National Company Law Tribunal/other regulatory authorities and the respective shareholders of both the companies as may be directed by National Company Law Tribunal,” the company said in a regulatory filing.
