JS Fuel to be amalgamated with Quality 1 Petroleum

MG News | October 01, 2020 at 11:14 AM GMT+05:00

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October 1, 2020 (MLN): The Board of Directors of JS Fuel Pvt. Limited (JSFPL) and Quality 1 Petroleum Pvt. Limited (Q1), have approved the amalgamation of JSFPL with and into Q1, with the completion date of the amalgamation being September 30, 2020.

Both JSFPL and Q1 are wholly owned subsidiaries of Energy Infrastructure Holding (Private) Limited, which in turn is a wholly owned subsidiary of the JS Company Limited.

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