CCI Approves Vishakha Renewables and Vishakha Glass Merger
The Competition Commission of India (CCI) has greenlit the restructuring proposal involving Vishakha Renewables Pvt. Ltd., which plans to merge its renewable energy operations with Vishakha Glass Private Limited. This approval encompasses the transfer of the pipes and mouldings divisions of Vishakha Renewables to Progressive Pipes Private Limited, along with the amalgamation of several related subsidiaries into the primary corporate entity.
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