MoneyWorks4Me

IDFC informs about scheme of amalgamation

25 Nov 2022 Evaluate

IDFC has informed that the Scheme of Amalgamation of IDFC Alternatives, IDFC Trustee Company and IDFC Projects (wholly owned subsidiary Companies of IDFC) into IDFC Limited and their respective shareholders under Sections 230 to 233 and other applicable provisions of the Companies Act, 2013 ('Scheme') has been approved by the Hon'ble NCLT, Chennai Bench on November 22, 2022. This has further simplified the corporate structure of IDFC. The above information is also available on the website of the Company: www.idfclimited.com.

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

Peers