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Board of Sundaram Finance approves draft scheme of amalgamation

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At meeting held on 25 November 2016

announced that the Board of Directors, at their meeting held on 25 November 2016, have decided to merge Sundaram Infotech Solutions, the Company's wholly owned subsidiary, with the Company and approved the draft Scheme of Amalgamation. The Scheme is subject to all necessary approvals.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)