Board of Team Lease Services takes notes of scheme of amalgamation
On 02 December 2020Team Lease Services announced that the Board of Directors of the company on 02 December 2020 has taken note of the proposal to amalgamate and the Scheme of Amalgamation of, Evolve Technologies & Services (Evolve), a step down Wholly Owned Subsidiary of the Company into TeamLease Digital (TDPL), Wholly Owned Subsidiary of the Company, as approved by the respective Board of Directors of Evolve and TDPL, subject to the approvals/confirmations of the National Company Law Tribunal and/or any other statutory or other authority.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
First Published: Thu, December 03 2020. 10:22 IST