Software-to-soaps firm Wipro today said it has recieved court approval to merge Wipro Yardley Consumer Care, a subsidiary firm, with itself.
The company said the High Court of Karnataka and High Court of Maharashtra with the respective offices of the register of companies, Wipro Yardley Consumer Care have approved the amalgamation.
"The merger comes into effect from the appointed date April 1, 2010," Wipro said in a filing to the Bombay Stock Exchange.
In 2009, Wipro had acquired Yardley business in Asia, West Asia and certain African markets for $45.5 million from the UK based Lornamead group.
