BSECompany UpdateM&A31 Jul 2026
PPAP Automotive Ltd
Update on merger of Avinya Batteries Limited, wholly owned subsidiary with PPAP Automotive Limited
PPAP Automotive Ltd has received an order from the National Company Law Tribunal (NCLT) approving the merger of its wholly-owned subsidiary Avinya Batteries Limited with the company, allowing the company to dispense with the requirement of convening a meeting of Avinya Batteries' shareholders and instead convene meetings of secured and unsecured creditors.
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