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Exchange Received Time  10/05/2019 19:04:38 Exchange Disseminated Time 10/05/2019 19:22:07 Time Taken 00:17:29 | This is to inform you that the Board of Directors of the Company, in its meeting held on May 9. 2019, have approved a scheme of amalgamation for the merger of its direct I step-down wholly-owned subsidiaries, viz. HCL Comnet Limited, HCL Eagle Limited, 1-CL Technologies Solutions Limited and Concept2silicion Systems Private Limited ('Transferor Companies'), with and into HCL Technologies Limited ('Transferee Compan9') (hereinafter referred as 'Scheme') pursuant to Sections 230 to 232 of the Companies Act, 2013 read with the rules made thereunder and other applicable provisions. The Scheme has also been approved by the Board of Directors of the Transferor Companies in their respective meetings held on May 10, 2019. The Scheme is conditional upon and subject to necessary statutory and regulatory approvals under applicable laws, including the approval of the jurisdictional National Conpany Law Tribunal(s) in India. |
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