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L&T FINANCE HOLDINGS LTD. - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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24 Mar 2023
We refer to our earlier letter dated January 13, 2023 informing the stock exchanges about the approval of the Board of Directors (&apos;Board&apos;) of L&amp;T Finance Holdings Limited (&apos;Company&apos;) for the amalgamation of L&amp;T Finance Limited (&apos;LTF&apos;), L&amp;T Infra Credit Limited (&apos;LTICL&apos;) and L&amp;T Mutual Fund Trustee Limited (&apos;LTMFTL&apos;), wholly owned subsidiaries of the Company with the Company, by way of merger by absorption pursuant to a scheme of arrangement under the provisions of Sections 230 - 232 read with Section 52 of the Companies Act, 2013, and other applicable regulatory requirements (the &apos;Scheme&apos;). In this regard, please note that the Reserve Bank of India vide its letter dated March 24, 2023 has accorded it&apos;s &apos;no objection&apos; for the Scheme.
View all announcements for L&T FINANCE HOLDINGS LTD. Source: BSE India