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LOHIA SECURITIES LTD. - Intimation Under Regulation 30 Of The SEBI LODR, 2015 ('Listing Regulations') - Sanction Of Scheme Of Merger By Absorption Of Trade City Commodities Private Limited, Trade City Real Estate Private Limited And Trade City Securities Private Limited
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30 Nov 2022
This is to inform you that the Hon&apos;ble National Company Law Tribunal, Kolkata Bench (&apos;NCLT&apos;), at its hearing held on 24th November, 2022 (which was signed on 29th November, 2022) has approved the Scheme of Merger by Absorption of Trade City Commodities Private Limited, Trade City Real Estate Private Limited and Trade City Securities Private Limited, Wholly owned subsidiaries of the Company (together referred as &apos;Transferor Companies&apos;) with Lohia Securities Ltd. (&apos;Transferee Company&apos;) and their respective shareholders (&apos;the scheme&apos;) under the provision of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with the Rules framed thereunder. The Appointed Date of the Scheme is 1st April, 2021 and the Scheme will be made effective upon last of the dates on which certified copy of the order of NCLT is filed with the Registrar of Companies, Kolkata by the Transferor Companies and Transferee Company.
View all announcements for LOHIA SECURITIES LTD. Source: BSE India