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Trusted by
Acquiring Company
GOCL Corporation Limited
Acquired Company
Hinduja National Power Corporation Limited
Description
The NCLAT has allowed GOCL Corporation Limited's appeal against the dismissal of its merger scheme with Hinduja National Power Corporation Limited. The tribunal's decision enables the process to advance, requiring shareholder meetings to discuss the merger. Regulatory compliance must be completed by October 5, 2026, making it critical for NCLT to appoint officials swiftly. The merger is governed under Sections 230 to 232 of the Companies Act, 2013.
Fundz sees it the moment GOCL Corporation Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Hinduja National Power Corporation Limited?
Hinduja National Power Corporation Limited was acquired by GOCL Corporation Limited, based in Hyderabad. The deal was reported on September 25, 2026. GOCL Corporation Limited is a subsidiary of the Hinduja Group, focusing on industrial and energy sector ventures. The company aims to transform its operations and redeploy its resources strategically. GOCL Corporation Limited is privately held and operates in Energy.
When did GOCL Corporation Limited acquire Hinduja National Power Corporation Limited?
GOCL Corporation Limited's acquisition of Hinduja National Power Corporation Limited was reported on September 25, 2026. The NCLAT has allowed GOCL Corporation Limited's appeal against the dismissal of its merger scheme with Hinduja National Power Corporation Limited. The tribunal's decision enables the process to advance, requiring shareholder meetings to discuss the merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hinduja National Power Corporation Limited do?
Hinduja National Power Corporation Limited operates a significant coal-based thermal power plant, contributing to the energy needs of the region. The company is recognized for its operational efficiency and capacity for future expansion. It is privately held, operating in Energy, and is based in Visakhapatnam.
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