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An announcement from Indo National Limited ( (IN:NIPPOBATRY) ) is now available.
Indo National Limited has announced the service of notice to statutory regulators regarding a Scheme of Amalgamation with Helios Strategic Systems Limited. This move, sanctioned by the National Company Law Tribunal, involves notifying various authorities to ensure compliance and seek any representations within 30 days. The amalgamation is expected to impact the company’s operational structure and market positioning, potentially affecting stakeholders and enhancing its strategic capabilities.
More about Indo National Limited
Indo National Limited operates in the manufacturing industry, primarily focusing on the production of batteries under the brand name Nippo. The company is based in Chennai, India, and is known for its market presence in the battery sector.
Average Trading Volume: 1,270
Technical Sentiment Signal: Sell
Current Market Cap: 3.49B INR
Learn more about NIPPOBATRY stock on TipRanks’ Stock Analysis page.