Mumbai: The Board of Directors of the Hinduja Ventures Limited at its Meeting held on January 09, 2018, have approved the Scheme of Amalgamation between Grant Investrade Limited, a wholly owned subsidiary of the Company(“Transferor Company”) and the Company Hinduja Ventures Limited (“Transferee Company”).
The approval has been granted subject to the approval of the Hon’ble National Company Law Tribunal at Mumbai, the approval of the shareholders and such other approvals as may be required,The appointed date for the aforesaid Scheme is fixed as 1st October 2017.
Hinduja Ventures Limited (“HVL”) operates across three segments: media and communication, real estate, and investment and treasury. HVLis the Holding Company of one of India’s largest integrated media company i.e. IndusInd Media & Communications Limited (IMCL)
