India, April 20 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved the proposed restructuring by Vishakha Renewables Pvt. Ltd. of its renewables business and merge with and into Vishakha Glass Private Limited.
The proposed combination entails the restructuring by Vishakha Renewables Private Limited (VRPL) of its renewables business and merge with and into Vishakha Glass Private Limited (VGPL). Besides, it will also include the following other steps:
(The above steps are collectively referred to as the Proposed Combination)
Vishakha Renewables Private Limited (VRPL) is engaged in the business of manufacturing - (i) solar system components such as high grade potential induce...