Author: Nikita
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India: APL Apollo approves its merger with Shri Laxmi and Apollo Tricoat
The steel tubes and pipe manufacturer-APL Apollo Tubes Limited at its meeting held recently, has considered and approved a draft scheme of amalgamation of Shri Lakshmi Metal Udyog Limited and Apollo Tricoat Tubes Limited with the Company and their respective shareholders and creditors.“The scheme of amalgamation will involve splitting up of one share of Shri…