Bhagyanagar India Obtains NCLT Sanction For Composite Amalgamation Demerger Scheme

NCLT Hyderabad approved Bhagyanagar India’s composite scheme, amalgamating BCPL and demerging the copper undertaking into Tieramet, with appointed date 1 April 2025; BCPL will dissolve and Tieramet will issue one share per BIL share, with listing steps to follow within 60 days. Context: clears the pending restructuring approval.