Reliance Industries said on Thursday the amalgamation of Indian Petrochemicals Corporation Ltd with itself has come into effect from September 5.
The certified copies of the orders of the Gujarat and Bombay high court, sanctioning the scheme of amalgamation of IPCL with Reliance Industries, were filed with the respective registrar of companies on Wednesday.
"With this, the scheme has become effective from September 5, and accordingly IPCL has been amalgamated with Reliance Industries," RIL said in a filing to the Bombay Stock Exchange.
Earlier on September 3, the Gujarat High Court approved the scheme of amalgamation of IPCL with Mukesh Ambani-controlled Reliance Industries.
IPCL deals in polymers, synthetic fibre, fibre intermediaries, solvents, surfactants, industrial chemicals,