Max India update on scheme of amalgamation and arrangement

Max India update on scheme of amalgamation and arrangement

May 29, 2020 10:05 IST capital market

Max India has received certified copy of the order issued by the Honble National Company Law Tribunal (NCLT), Mumbai in respect of sanctioning of the Composite Scheme of Amalgamation and Arrangement amongst Max India, Max Healthcare Institute, Radiant Life Care and Advaita Allied Health Services and their respective shareholders and Creditors (Scheme).

The Board of Directors of the company will meet on 01 June 2020 to take on record the sanction of the said Scheme by Honble NCLT Mumbai Bench and to declare the scheme effective from 01 June 2020.

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