https://www.taxtmi.com/news?id=62045 The Competition Commission of India approved the merger of ADES International Cayman into Shelf Drilling, under which Shelf Drilling will be the surviving entity, shareholders of Shelf Drilling will receive cash consideration, and Shelf Drilling will become a wholly owned subsidiary of ADES International; ADES International is a holding entity consolidating oil and gas drilling subsidiaries, ADES Cayman is newly incorporated, and both groups provide offshore drilling and related services in India, with the Commission's detailed order to follow. en-us Wed, 19 Nov 2025 10:00:26 +0530 Wed, 19 Nov 2025 10:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62045 The Competition Commission of India approved the merger of ADES International Cayman into Shelf Drilling, under which Shelf Drilling will be the surviving entity, shareholders of Shelf Drilling will receive cash consideration, and Shelf Drilling will become a wholly owned subsidiary of ADES International; ADES International is a holding entity consolidating oil and gas drilling subsidiaries, ADES Cayman is newly incorporated, and both groups provide offshore drilling and related services in India, with the Commission's detailed order to follow. News - Wed, 19 Nov 2025 10:00:26 +0530 https://www.taxtmi.com/news?id=62045