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Corporate
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Mergers & Acquisitions
Mahindra Forgings merger plan
Coimbatore, Dec 4
Mahindra Forgings Ltd has said that the Bombay
High Court has approved the scheme of
arrangement envisaging amalgamation of Mahindra
Stokes Holding Company Ltd, Mahindra Forgings
Overseas Ltd and Mahindra Forgings Mauritius Ltd with
the company with effect from April 1, 2007. The
amalgamation consolidates the Forging businesses across
geographies such as Germany, the UK and India and will
provide benefits of operational synergy. - Our Bureau
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