Corporate News     19-May-21
Orient Refractories receives NCLT approval for scheme of amalgamation
Orient Refractories announced that the Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT) has sanctioned the scheme of amalgamation of RHI Clasil (RHI Clasil), RHI India (RHI India) and Orient Refractories (ORL) through an order dated 5 May 2021. The copy of the order issued by the Hon'ble NCLT was made available to ORL through the NCLT website on 18 May, 2021.

Subsequent to this, the two subsidiary companies of RHI Magnesita in India – RHI Clasil and RHI India shall stand merged into the public listed entity ORL.

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