Mahanagar Gas Limited — JV/Acquisition, 23-07-2025: Amalgamation/Merger

Mahanagar Gas (MGL) has received the NCLT order approving the merger of its wholly-owned subsidiary, Unison Enviro Private Limited, into MGL. This strategic move aims to simplify MGL's corporate structure and streamline operations. As Unison Enviro is a fully-owned entity, there's no share dilution for existing MGL shareholders. The scheme will become effective once MGL files the certified order with the Registrar of Companies, marking a step towards enhanced operational efficiency.