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L&T Finance Holdings informs about outcome of circular resolution

10 Aug 2016 Evaluate

L&T Finance Holdings has informed that the Board of Directors of L&T Finance Holdings through Circular Resolution dated August 10, 2016 has taken note of the proposed amalgamation involving its wholly owned subsidiaries i.e., L&T Finance and L&T FinCorp [together referred to as ‘Transferor Companies’] with Family Credit [‘Transferee Company’], in terms of Sections 391 to 394 of the Companies Act, 1956 and other applicable provisions, if any of the Companies Act, 1956 and Companies Act, 2013 (Scheme).

The above information is a part of company’s filings submitted to BSE.

L&T Finance Share Price

287.35 7.05 (2.52%)
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