Banco Products (India), engaged in manufacturing of gaskets and radiators, has received approvals for its merger from Gujarat High Court (HC) and Bombay HC.
The high courts have approved the petition of the company for merger of Ganaga Investments with itself, as mentioned in its filing with the BSE.
It further added that the respective companies have filed necessary forms with Registrar of Companies (RoC) in this regard.
Banco Products (India) incorporated in 1961, offers a range of radiators, intercoolers, oil-coolers and all types of engine gaskets. The manufacturing facilities of the company are located at Vadodara, Gujarat.