Kotak Mahindra Fin amalgamation okayed
By Our Banking Bureau | 30 May 2002
Mumbai:
The shareholders
of Kotak Mahindra Finance Ltd (KMFL) have approved the
scheme of amalgamation of Guldasta Investment and Trading
Private Ltd, Mega Asset and Capital Management Private
Ltd, Scope Holdings Pvt Ltd and Twilight Holdings Pvt
Ltd (the transferor companies) with KMFL.
This was done through a poll, conducted at court-convened meetings of the members, subject to the approval of the Bombay High Court.