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Tata Chemicals Ltd Receives Approval For Scheme Of Amalgamation Of Homefield International Pvt. Ltd


Wednesday, 13 Feb 2013 02:11am EST 

Tata Chemicals Ltd announced that the Board of Directors of the Company at its meeting held on February 08, 2013 approved the Scheme of Amalgamation (the Scheme) of Homefield International Pvt. Ltd (HIPL), (Mauritius) with the Company. HIPL is a wholly owned subsidiary of the Company with its registered office in Mauritius. The Appointed Date of the Scheme is April 01, 2013. Upon the Scheme coming into effect and in terms of the Scheme of amalgamation, all assets and liabilities of HIPL shall will be transferred to and vested in the Company and all shares of HIPL stand cancelled. No shares of the Company will be issued and allotted in lieu or exchange of the Equity Shares of HIPL. 

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