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BSE SENSEX
83,743.39
+558.59
+0.67 %
Corporate Announcement
Security Code
500575
Company
VOLTAS LTD.
Exchange Received Time
11/09/2020 21:34:06
Exchange Disseminated Time
11/09/2020 21:34:11
Time Taken
00:00:05
Announcement under Regulation 30 (LODR)-Scheme of Arrangement |
09/11/20 21:34
We take reference to our letters dated 27th September, 2019 and 18th October, 2019 informing about the Scheme of Merger by Absorption of a wholly-owned subsidiary - Universal
Comfort Products Limited (Transferor company) with Voltas Limited (Transferee company) pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
2. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that the National Company Law Tribunal (NCLT), Mumbai Bench has by its Order pronounced on 11th September, 2020 sanctioned the Scheme of Merger by Absorption of Universal Comfort Products Limited with
Voltas Limited.
Certified copy of the Order from the NCLT, Mumbai for the same is awaited.
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