Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

CCI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merger of subsidiary of ReNew Global with RMG II

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CCI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merger of subsidiary of ReNew Global with RMG II
N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ews and Press Release
Dated:- 8-6-2021

The Competition Commission of India (CCI) approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... along with a reverse triangular merger of subsidiary of ReNew Global with RMG II. The proposed combination envisages exchange of equity shareholding by existing shareholders of ReNew Power Private L .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... imited (ReNew Power) with shares of ReNew Energy Global Limited (ReNew Global), along with a reverse triangular merger of wholly owned subsidiary of ReNew Global with RMG Acquisition Corporation II (R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... MG II). ReNew Global is a newly incorporated special purpose acquisition company. It was incorporated for the purpose of effecting a merger, stock purchase or a similar business combination, such as .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the Proposed Combination. RMG II is traded on NASDAQ. ReNew, along with its subsidiaries and joint ventures is engaged in the business of generating electricity through non-conventional and renewable .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... energy sources. Detailed order of the CCI will follow.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates