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Sundram Fasteners receives NCLT approval for scheme of amalgamation

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Sundram Fasteners announced that the Hon'ble National Company Law Tribunal, Chennai Bench has sanctioned the scheme of amalgamation of wholly owned subsidiaries namely Sunfast TVS [First Transferor Company] and TVS Engineering [Second Transferor Company] (collectively called as "Transferor Companies') with Sundram Fasteners [Transferee Company] . The Appointed Date of the Scheme is 01 April 2023.

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First Published: Apr 17 2024 | 3:52 PM IST

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