Mumbai: NCLT Approves Merger Of Inox Infrastructure With Parent GFL To Simplify Corporate Structure
Mumbai, September 29, 2026: The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the merger of Inox Infrastructure Limited with its parent company, GFL Limited, allowing the two companies to consolidate their corporate structure. The tribunal said the proposed scheme was fair and reasonable. Companies To Consolidate Structure Inox Infrastructure, the transferor company, was…
On September 29, 2026, the National Company Law Tribunal (NCLT) in Mumbai approved the merger of Inox Infrastructure Limited with its parent company, GFL Limited. The decision aims to simplify the group's corporate structure by consolidating their entities. Inox Infrastructure, established in 2007, initially operated as a private limited company before becoming public in 2013.
Its registered office was relocated from Delhi to Maharashtra in 2021. The company focuses on real estate and property development. GFL Limited, incorporated in 1987, has undergone two name changes and is now a listed entity on the BSE and NSE. The merger would eliminate an additional corporate layer, streamline administrative and regulatory compliances, and result in cost savings through reduced management and administrative expenses and duplication in record-keeping.
The merger proposal underwent scrutiny by the Regional Director and Registrar of Companies in Mumbai, with the companies addressing various observations related to statutory compliance, share capital fees, accounting treatment, and procedural matters. Upon approval, all assets, liabilities, tax obligations, charges, and duties of Inox Infrastructure would transfer to GFL.
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