NXTDIGITAL LTD - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Nxtdigital Ltd - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

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16 Aug 2022
Please refer to our letter dated March 16, 2022, wherein it was informed to the Stock Exchanges that the Board of Directors at their meeting held on March 16, 2022, had accorded in-principle approval for merger of Hinduja Leyland Finance Limited (HLFL) with NXTDIGITAL Limited (NDL). We would like to inform you that the Board of Directors of the Company at their meeting held today i.e. August 16, 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).
View all announcements for Nxtdigital Ltd	Source: BSE India

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