The Board of GFL at its meeting held on 27 March 2022 has authorised execution and undertake obligations under the Merger Co-operation Agreement to be entered between INOX Leisure (Transferor Company), PVR Limited (Transferee Company), the Company, INOX Infrastructure, Pavan Kumar Jain, Siddharth Jain, Ajay Bijli and Sanjeev Kumar (collectively, Parties) (hereinafter referred to as Merger Co-operation Agreement or MCA) which sets out the manner of effecting the proposed Scheme of Amalgamation of the Transferor Company with the Transferee Company and their respective shareholders and creditors.
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