New Delhi (17.04.2026): In an important development, NBCC has received ‘No Objection’ from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India for initiation of Merger of HSCC (India) Limited, a wholly owned subsidiary with NBCC (India) Limited (Holding Company). DIPAM on April 16, 2026, conveyed its ‘No Objection’ on the merger of the HSCC (India) Limited a wholly owned subsidiary with NBCC (India) Limited in compliance with the extant guidelines.
Strategic Merger of Healthcare Infra Giant with NBCC Gets Govt’s Nod
By IndianMandarins - 2026-04-17 20:54:00
New Delhi (17.04.2026): In an important development, NBCC has received ‘No Objection’ from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India for initiation of Merger of HSCC (India) Limited, a wholly owned subsidiary with NBCC (India) Limited (Holding Company). DIPAM on April 16, 2026, conveyed its ‘No Objection’ on the merger of the HSCC (India) Limited a wholly owned subsidiary with NBCC (India) Limited in compliance with the extant guidelines.