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Board of Railtel approves scheme of amalgamation

4 Oct 2022 , 01:34 AM

The Board of Railtel Corporation of India RCIL in their meeting held on 29 September 2022 has approved the scheme of Amalgamation of RaiITel Enterprises REL with and into RCTL pursuant to the provisions of Section 230-232 of the Companies Act 2013 The scheme is subject to the approval of Central Government Ministry of Corporate Affairs andor other statutory regulatory authorities REL is a wholly owned subsidiary Company of RCTL

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