Composite scheme of arrangement among wholly-owned subsidiaries of the Company
As filed · Tata Communications Limited has informed the Exchange about Composite scheme of arrangement among wholly-owned subsidiaries of the Company.
M&AWatchMajormateriality 79 out of 100
What happened
FactTata Communications Limited has informed the Exchange about Composite scheme of arrangement among wholly-owned subsidiaries of the Company. Requirements) Regulations 2015 – Composite scheme of arrangement among. a composite scheme of arrangement for the demerger of Solutions Infini Technologies (India).
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
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Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%