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Magma Fincorp informs about company updates

19 Feb 2018 Evaluate

Magma Fincorp has informed about the Summary of proceedings of the meetings of Equity Shareholders, Secured Creditors, Unsecured Creditors and Debenture Holders of the company convened and held on Saturday, 17th February, 2018 pursuant to the Order dated 10th January 2018 passed by the National Company Law Tribunal, Bench at Kolkata for approving the proposed Scheme of Amalgamation between Magma Fincorp (transferee) and Magma ITL Finance (transferor) and their respective shareholders.

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

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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