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Board of Wheels India approves scheme of amalgamation

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Capital Market

At meeting held on 07 December 2021

The Board of Wheels India at its meeting held on 07 December 2021 has approved the scheme of amalgamation. The scheme provides for amalgamation of Sundaram Hydraulics ("SHL" or "Transferor Company") with Wheels India ('WIL" or "Transferee Company) and their respective shareholders along with various other matters consequential or otherwise integrally connected herewith.

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First Published: Dec 08 2021 | 11:23 AM IST

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