It will depend on how GFL dissolves. It can all the shares first and then return the cash to the shareholders.
Assuming that you are talking about the case where somehow the shareholders of GFL gets Inox’s equity. Pls do explain how this happens.
If the merger happens before Inox & PVR merger then the shareholders will get Inox shares.
When Inox & PVR merge then the GFL will hold PVR shares just like any other Inox holder.
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