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ABB India gets NCLT nod for demerger of power grid ...· ABB India on Thursday said that the Bengaluru Bench of the National Company Law Tribunal has approved the demerger of its power grids business to ABB Power Products and Systems India Ltd (APPSIL). "The Bengaluru Bench of the National Company Law Tribunal (NCLT) vide its order dated November 27, 2019 sanctioned the said Scheme involving the demerger of the power grids …

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