Info Edge India update proposed scheme of amalgamation between Makesense Technologies and PB Finte

29 Apr 2022 , 01:31 AM

Info Edge India announced that Makesense Technologies subsidiary of Info Edge India and PB Fintech at their respective Board Meetings held on 26 April 2022 have approved the proposed Scheme of Amalgamation between Makesense Technologies Transferor Company and PB Fintech Transferee Company and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act 2013 Act including rules made thereunder Scheme Upon the Scheme becoming effective and pursuant to proportionate share issuance by the Transferee Company to the shareholders of the Transferor Company economic interest of Info Edge India in PB Fintech remains unchanged