Latin Manharlal Chat
BSE Prices delayed by 5 minutes...
     Prices as on May 14, 2021     
  ABB India 1394.85 [ -0.62% ]
  ACC 1877.1 [ -0.33% ]
  Ambuja Cements Ltd. 307 [ -0.65% ]
  Axis Bank Ltd. 685.1 [ -0.90% ]
  Bajaj Auto Ltd. 3848.35 [ -0.78% ]
  Bank of Baroda 74.05 [ -4.39% ]
  Bharti Airtel 560.55 [ -0.22% ]
  Bharat Heavy Ele 68 [ -4.70% ]
  Bharat Petroleum 442.2 [ -1.56% ]
  Cipla 904.1 [ 0.60% ]
  Coal India 146.65 [ -4.46% ]
  Colgate Palm. 1567.2 [ 2.53% ]
  Dabur India 534.8 [ 1.05% ]
  DLF Ltd. 250.05 [ -5.78% ]
  GAIL (India) Ltd. 152.7 [ -5.21% ]
  Grasim Inds. 1365.55 [ -3.29% ]
  HDFC 2421.8 [ -0.69% ]
  HDFC Bank 1387.15 [ -0.88% ]
  Hero MotoCorp 2811 [ -1.09% ]
  Hindalco Indus. 383 [ -3.94% ]
  ICICI Bank 597.25 [ 0.39% ]
  IDFC L 54.3 [ -2.78% ]
  Indian Hotels Co 112.9 [ -2.76% ]
  IndusInd Bank 891.4 [ -2.82% ]
  Infosys 1316.8 [ -0.76% ]
  ITC Ltd. 212.35 [ 4.45% ]
  Jindal St & Pwr 417.15 [ -8.66% ]
  L&T 1415.5 [ 2.21% ]
  Lupin Ltd. 1178.8 [ -2.64% ]
  Mahi. & Mahi 741.65 [ -2.45% ]
  MTNL 18.05 [ -2.70% ]
  Nestle India 17217.55 [ 3.01% ]
  NIIT Ltd. 173.4 [ 2.73% ]
  NMDC Ltd. 185.7 [ -8.48% ]
  NTPC 111.3 [ -1.72% ]
  ONGC 113 [ -1.78% ]
  Punj. NationlBak 36.85 [ -0.67% ]
  SBI 360.5 [ -2.00% ]
  Vedanta 272.35 [ -3.49% ]
  Shipping Corpn. 110.1 [ -4.59% ]
  Sun Pharma. 691.1 [ -1.64% ]
  Tata Chemicals 702.65 [ -2.73% ]
  Tata Motors Ltd. 312.35 [ -4.14% ]
  Tata Steel 1132.1 [ -3.95% ]
  Tata Power Co. 101.45 [ -4.79% ]
  Tech Mahindra 951.95 [ -1.05% ]
  UltraTech Cement 6367.7 [ -0.38% ]
  United Spirits 565.3 [ 1.05% ]
  Wipro Ltd 498.35 [ -1.87% ]

News Details

HT Media - Intimation Of Approval Of Scheme Of Amalgamation Under The Companies Act, 2013 Between Two Unlisted Subsidiaries O

Back
01/04/2021 13:49

This is to inform you that the Board of Directors of two subsidiaries of the Company namely, Syngience Broadcast Ahmedabad Limited ('Transferor Company or SBAL') and Next Radio Limited ('Transferee Company or NRL'), at the respective meetings held on 31st March, 2021 have considered and approved a draft Scheme of Amalgamation ('Scheme') under Sections 230 to 232 of the Companies Act, 2013 ("the Act") and other applicable provisions of the Act and rules made thereunder, in terms whereof, Transferor Company will be merged into Transferee Company.

The Scheme is conditional and subject to obtaining other necessary regulatory approvals under applicable laws, including approval of Hon'ble National Company Law Tribunal, Mumbai Bench.

This is for your information and record.