Lohia Securities has informed that the meeting of the Board of Directors of Lohia Securities has been convened at the Registered Office: 4 Biplabi Trailokya Maharaj Sarani (Brabourne Road), 5th floor, Kolkata 700 001, on Friday, 1st October, 2021 at 4.00 PM, to consider the proposal for amalgamation of wholly owned subsidiaries Trade City Securities, Trade City Commodities and Trade City Real Estate (Transferor Companies) with the holding company Lohia Securities (Transferee) in terms of the draft Scheme of Amalgamation pursuant to the provisions of Section 230 to 232 and other applicable provisions of the Companies Act, 2013 read with rules made thereunder and subject to approval of the members and creditors and NCLT and other necessary approvals.
The above information is a part of company’s filings submitted to BSE.