The National Company Law Tribunal (NCLT), Chennai Bench, has approved the Scheme of Amalgamation of IDFC Alternatives, IDFC Trustee Company and IDFC Projects (wholly owned subsidiary Companies of IDFC) into IDFC and their respective shareholders under Sections 230 to 233 and other applicable provisions of the Companies Act, 2013.
IDFC is operating as an infrastructure finance company, i.e. financing infrastructure projects in sectors like energy, telecommunication, transportation, commercial and industrial projects including hospital, education, and tourism and hotels.
