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Hinduja Ventures updates on scheme of amalgamation

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Capital Market
Last Updated : Nov 27 2015 | 12:01 AM IST

Scheme becomes effective on 25 November 2015

Hinduja Ventures announced that the Company has received the order of the Bombay High Court approving the scheme of amalgamation of IDL Specialty Chemicals [IDL] (Transferor Company - a wholly owned subsidiary Company) in to Hinduja Ventures [HVL].

The Company and IDL Speciality Chemicals filed Form No. INC-28 with Ministry of Corporate Affairs on 25 November 2015.

Accordingly, the Scheme of Amalgamation has now come into effect.

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First Published: Nov 26 2015 | 11:39 AM IST

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