HDFC and HDFC Bank merger, unlocking a financial services giants
HDFC Investments Limited (“HIL” or “the Transferor Company 1”) was incorporated on December 20, 1994 as
Merger to create large scale IT Company
Larsen & Toubro Infotech Limited (“LTl” or the Transferee Company”) was incorporated on December 23, 1996
Trade Credit for Import under FEMA
Trade Credit for Import under FEMA For the smooth running of business, working capital plays an
Elimination of multi-tier structure for direct holding by promoters
Makesense Technologies Limited (“MTL” or “the Transferor Company”) is a company incorporated under the provisions of
Lending in Rupee Denominated Foreign loan under FEMA
As discussed in the article ‘Borrowing and Lending under FEMA, an Overview’, FEMA provisions controls the
Consolidation and unlocking of value through demerger
Sundaram – Clayton Limited (“Transferee Company” or “Demerged Company” or “SCL”) is a public company incorporated
Borrowing in Rupee Denominated Foreign loan under FEMA
As discussed in the article ‘Borrowing and Lending under FEMA, an Overview’, FEMA provisions controls the
Consolidation and unlocking of value through demerger
INOX Leisure Limited (“the Transferor Company”) is a public limited company incorporated under the provisions of
Lending in Foreign Exchange under FEMA
As discussed in the article ‘Borrowing and Lending under FEMA, an Overview’, FEMA provisions controls the
Re-organisation of Reserves of the Company to reward shareholders
Hindustan Zinc Limited (“Com pany “) is a company incorporated under the provisions of the Companies