JV/AcquisitionAmalgamation/Merger
Mahanagar Gas (MGL) has announced the completion of its merger with wholly-owned subsidiary Unison Enviro Private Limited (UEPL). This strategic move aims to simplify MGL's corporate structure and streamline operations.
Mahanagar Gas LimitedMGL · Filed with the exchange
The merger officially became effective on August 16, 2025, following the necessary regulatory filings.
As UEPL was a wholly-owned subsidiary, there is no share dilution for existing MGL shareholders.
UEPL now stands dissolved, integrating fully into MGL, which should enhance overall efficiency.
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