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Nxtdigital Ltd - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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25 Nov 2022
This is to inform that pursuant to the new circular issued on September 28, 2022 by the National Stock Exchange of India Limited and on November 1, 2022 by BSE Limited, specifying revised Standard Operating Procedure (SOP) on application filed under Regulation 37 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 with respect to the Scheme of Arrangements, the Board of Directors of the Company at their meeting held today i.e. November 25, 2022, have unanimously approved the Scheme of Merger by Absorption under Sections 230 to 232 and other applicable provisions of the Companies Act 2013 (including any statutory modification or re-enactment or amendment thereof), for the merger by absorption of Hinduja Leyland Finance Limited (the Transferor Company) into NXTDIGITAL Limited (the Transferee Company) considering fresh financials, valuation reports etc. Kindly take the same on record.
View all announcements for Nxtdigital Ltd Source: BSE India