Announcement under Regulation 30 (LODR)-Scheme of Arrangement
June 13, 2019, 4:00 pm | Source: BSE
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(1) Composite scheme of arrangement among Bharat Financial Inclusion Limited (Company) IndusInd Bank Limited IndusInd Financial Inclusion Limited and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act 2013.
(2) Receipt of certified true copy of the order of National Company Law Tribunal Mumbai Bench (Honble NCLT).
(3) Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
This is in furtherance of our letter dated June 10 2019 wherein we had intimated that the composite scheme of arrangement among the Company IndusInd Bank Limited IndusInd Financial Inclusion Limited and their respective shareholders and creditors (Scheme) had been approved by the Honble NCLT on June 10 2019.