Kotak Mahindra Fin amalgamation okayed

By Our Banking Bureau | 30 May 2002

1
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.


 

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