Cimmco Ltd (BSE:505230) agreed to acquire Titagarh Agrico Private Limited from Titagarh Wagons Limited (NSEI:TWL) on August 22, 2016. The transaction has been approved by the board of directors of Cimmco Ltd. on September 9, 2016. Meeting of the Cimmco Ltd will be held on May 2, 2017 by the order of the National Company Law Tribunal Kolkata Bench. On July 17, 2017, the court hearing has been decided to be held on August 18, 2017. As on October 16, 2017, the National Company Law Tribunal Kolkata Bench approved the transaction. The issued order has been filed with the Ministry of Corporate Affairs on November 14, 2017 and accordingly the scheme has been approved.

Cimmco Ltd (BSE:505230) completed the acquisition of Titagarh Agrico Pvt. Ltd. from Titagarh Wagons Limited (NSEI:TWL) on November 14, 2017.