NCLT-convened shareholder meeting on Nov 24 for proposed HNPCL merger into GOCL
GOCL Corporation has called a meeting of its equity shareholders on Tuesday, November 24, 2026 at 11:00 a.m. (IST), to be held through Video Conferencing / Other Audio Visual Means.
By ScoutQuest · · 2 min read
- Shareholder meeting date
- Tuesday, November 24, 2026 at 11:00 a.m. (IST)
- Remote e-voting window
- November 19, 2026, 9:00 a.m. to November 23, 2026, 5:00 p.m.
- E-voting cut-off date
- November 17, 2026
What shareholders are being asked to decide
GOCL Corporation Limited has convened a meeting of its equity shareholders to consider, and if thought fit, approve, the proposed Scheme of Merger by Absorption of Hinduja National Power Corporation Limited (HNPCL, the transferor company) into GOCL Corporation Limited (GOCL, the transferee company) and their respective shareholders, under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
The meeting is being held as directed by the Hon'ble National Company Law Tribunal, Amaravati Bench, vide its order dated October 08, 2026.
Meeting details
- Date and time: Tuesday, November 24, 2026 at 11:00 a.m. (IST)
- Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- The Notice, the Explanatory Statement under Sections 230(3), 232(1) and (2) and 102 of the Act, and its Annexures can be accessed at https://goclcorp.com/nclt_convened_meetings
- The Notice is also being sent today by electronic mode to those equity shareholders whose email IDs are registered with the Registrar and Transfer Agent / depositories / the Company as on September 30, 2026
How voting works
- KFin Technologies Limited (KFin / Kfintech) has been appointed to provide remote e-voting and e-voting during the meeting
- EVEN: 10275
- Cut-off date for e-voting: Tuesday, November 17, 2026
- Remote e-voting window: Thursday, November 19, 2026 at 9:00 a.m. (IST) to Monday, November 23, 2026 at 5:00 p.m. (IST)
- Equity shareholders who attend the meeting through VC/OAVM and have not cast their vote through remote e-voting can vote through the e-voting facility during the meeting
Why this matters
This is the shareholder-approval step for a proposed merger in which HNPCL, the transferor company, would merge into GOCL, the transferee company. A merger by absorption is a structural step: the two businesses and their respective shareholders come together under one company if the scheme is approved and takes effect. How the merger is finally structured, and what shareholders of each company receive, is set out in the Explanatory Statement and its Annexures, which are part of the Notice.
What a retail shareholder can do
- Read the Notice and Explanatory Statement, including the Annexures, before the voting window opens
- Note the cut-off date of November 17, 2026, which determines who can vote
- If voting remotely, cast the vote between November 19, 2026, 9:00 a.m. and November 23, 2026, 5:00 p.m.
- Alternatively, attend the meeting on November 24, 2026 at 11:00 a.m. through VC/OAVM and vote there, provided the vote has not already been cast through remote e-voting
The instructions for attending the meeting and the manner of voting are set out in the Notice of the Meeting, and the requisite documents are also being updated on the company's website.
Also from GOCL Corporation
Board approves results, auditor flags guarantee emphasis of matter; NCLT sets November 24 merger meetings
19 Oct 2026
Board Meeting on October 19, 2026 to Consider and Approve Un-audited Financial Results
13 Oct 2026
NCLT Amaravati directs meetings of equity shareholders and unsecured creditors for merger scheme
8 Oct 2026
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