GFL: The National Company Law Tribunal (Hon'ble court) has pronounced its order in the matter of scheme of Merger…
GFL (GFLLIMITED) filed a disclosure titled "The National Company Law Tribunal (Hon'ble court) has pronounced its order in the matter of scheme of Merger by Absorption of INOX Infrastructure Limited with". The company is valued at about ₹629 crore.
What happened
GFL (GFLLIMITED) filed a disclosure with the exchanges on 28 September 2026 at 08:47 PM titled "The National Company Law Tribunal (Hon'ble court) has pronounced its order in the matter of scheme of Merger by Absorption of INOX Infrastructure Limited with".
Company snapshot
GFL is a micro-cap company, with a market value of about ₹629 crore.
The stock last traded at ₹57.29, against a 52-week range of ₹37.25–₹81 (29.3% below the high).
Before this filing the shares had moved +2.7% over the month and +25.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.74 crore.
Promoters held 68.72% at the end of Q1 FY27. Foreign institutions owned 0.20% and domestic institutions 0.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1 | -8.2 | -0.74 |
| Q2 FY26 | 2 | 6.5 | 0.59 |
| Q3 FY26 | 1 | 13 | 1.18 |
| Q4 FY26 | 1 | 25.6 | 2.33 |
| Q1 FY27 | 1 | 7.4 | 0.68 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 1,921 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Khaitan & Co advised Godrej Finance Limited (GFL) On Its acquisition Of Gold Loan business Of...
- GFL Ltd Q2 FY27 Preview: Holding Company Financials
- GFL shares surge on report of PE bidding war
- GFL CEO Dovigi Says Company Exploring Potential Take-Private- Bloomberg News
- GFL Environmental to report Q3 2026 earnings on Oct 28 with conference call on Oct 29
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.