Future Capital Holdings Ltd has informed BSE that in accordance with the directions of the Hon’ble High Court of Judicature at Bombay, the meeting of the Equity Shareholders of the Company held on June 15, 2009, have approved the Composite Scheme of Amalgamation and Arrangement of Future Capital Credit Ltd (‘FCC’ or ‘the Transferor Company’) and Future Capital Holdings Ltd (‘FCH’ or ‘the Demerged Company’) and Future Capital Financial Services Ltd (‘FCFS’ or ‘the Resulting Company’ or ‘the Transferee Company’) and their Respective Shareholders and Creditors (‘the Scheme’ or ‘this Scheme’), with an overwhelming majority of the Members.
Source: Bseindia.comFuture Capital equity shareholders approve Scheme of Amalgamation & Arrangement
Industry: Financial services 2016-04-03