Government approves amalgamation of IAPL with NALCO
The Government has approved the amalgamation of International Aluminium Product with National Aluminium Company. Through this amalgamation, the shares and equity capital of IAPL along with all its assets and liabilities had been merged with Nalco. The reason behind this amalgamation is to ensure co-ordination in discharge of functions with efficiency at reduced cost by eliminating duplicity of efforts and expenses.
