Board of Bharti Airtel approves two scheme of arrangements

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Capital Market
Last Updated : Dec 20 2017 | 6:50 PM IST

At meeting held on 19 December 2017

The Board of Bharti Airtel has approved the following -

Composite scheme of arrangement between Tata Teleservices (Transferor Company), Bharti Airtel (Transferee Company 1) and Bharti Hexacom (Transferee Company 2) and their respective shareholders and creditors, under sections 230 to 232 of the Companies Act, 2013 ('Scheme 1');

Scheme of arrangement between Tata Teleservices (Maharashtra) (Transferor Company) and Bharti Airtel (Transferee Company) and their respective shareholders and creditors, under sections 230 to 232 of the Companies Act, 2013 ('Scheme 2').

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First Published: Dec 20 2017 | 6:32 PM IST

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