Hindustan Unilever update on scheme of amalgamation

Hindustan Unilever update on scheme of amalgamation

Nov 07, 2019 03:11 IST capital market

Hindustan Unilever announced that the Honble National Company Law Tribunal, Mumbai Bench, vide its order dated 24 September, 2019 (Order), has sanctioned the Scheme of Amalgamation by way of merger by absorption among GlaxoSmithKline Consumer Healthcare (Transferor Company) and Hindustan Unilever (the Company) and their respective Shareholders and Creditors (the Scheme).

This Order is subject to sanction of the Scheme by the Honble National Company Law Tribunal, Chandigarh Bench.

The company has received the certified copy of the aforesaid Order along with the sanctioned Scheme on 06 November 2019.

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