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GOCL Corp shares jump 9% after board approves merger with Hinduja National Power
ByAinvest
Monday, Dec 15, 2025 11:27 pm ET1min read
GOCL Corp's shares rose 9% after the board approved a merger with Hinduja National Power Corporation. The merger aims to consolidate operations, improve efficiency, and enhance long-term growth and shareholder value. Shareholders of HNPCL will receive 206 fully paid-up GOCL shares for every 10,000 HNPCL shares held. Post-merger, GOCL's promoter holding will rise to 74.87%, while public shareholding will fall to 25.13%.
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