Corporate News 25-Mar-23
L&T Finance Holdings receives RBI nod for scheme of amalgamation
L&T Finance Holdings announced that the Reserve Bank of India vide its letter dated 24 March 2023 has accorded it's ‘no objection' for the amalgamation of L&T Finance (LTF), L&T Infra Credit (LTICL) and L&T Mutual Fund Trustee (LTMFTL), wholly owned subsidiaries of the Company with the Company, by way of merger by absorption pursuant to a scheme of arrangement under the provisions of Sections 230 - 232 read with Section 52 of the Companies Act, 2013, and other applicable regulatory requirements (the Scheme).
Previous News
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