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S&P
BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
500520
Company
Mahindra & Mahindra Ltd
Exchange Received Time
18/10/2017 18:54:58
Exchange Disseminated Time
18/10/2017 18:55:05
Time Taken
00:00:07
Updates |
10/18/2017 6:54:58 PM
The Mumbai Bench of the National Company Law Tribunal ('NCLT') has sanctioned the Scheme of Amalgamation of Defence Land Systems India Limited, a wholly owned subsidiary of Mahindra Defence Systems Limited ('the Transferor Company') with Mahindra Defence Systems Limited, a wholly owned subsidiary of the Company ('the Transferee Company') and their respective Shareholders and Creditors ('the Scheme').
The Certified Copy of this Order sanctioning the Scheme has been filed electronically by the Transferor Company and the Transferee Company with the Registrar of Companies, Maharashtra, Mumbai on 18th October, 2017 and the Scheme has become effective from 18th October, 2017.
The details of the subsidiaries as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 is attached to the Annexure to this letter.
This is for your information.
Kindly acknowledge receipt.
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