Company Announcements

Merger of HDFC ERGO Health with HDFC ERGO GENERAL

Source: RNS
RNS Number : 4861A
Housing Development Fin. Corp. Ltd.
29 September 2020
 

Ref. No. SE/ 2020-21/173

 

September 29, 2020

 

BSE Limited                                                                National Stock Exchange of India Limited

P. J. Towers                                                                  Exchange Plaza, Plot No. C/1

Dalal Street                                                                  Bandra-Kurla Complex, Bandra (East)

Mumbai 400 001.                                                        Mumbai 400 051.

 

Kind Attn:    Sr. General Manager                         Kind Attn: Head - Listing

                       DCS - Listing Department

 

Dear Sirs,

           

Sub:     Intimation under Regulation 30(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

 

In furtherance to our communication dated January 16, 2020, inter alia informing you about the approval of a Scheme of Arrangement and Amalgamation between HDFC ERGO Health Insurance Limited (formerly Apollo Munich Health Insurance Company Limited) (HDFC ERGO Health or Transferor Company) and HDFC ERGO General Insurance Company Limited (HDFC ERGO or Transferee Company), subsidiaries of the Corporation, subject to the approval of the National Company Law Tribunal, Mumbai (NCLT).

 

In this connection, we wish to inform you that the Hon'ble National Company Law Tribunal, Mumbai vide its order dated September 29, 2020, has sanctioned the scheme of Amalgamation for merger of HDFC ERGO Health with and into HDFC ERGO.

 

A copy of intimation submitted by HDFC ERGO and HDFC ERGO Health to the stock exchange in this regard is enclosed herewith.

 

You are requested to take note of the above and arrange to bring this to the notice of all concerned.

 

Thank you,

 

Yours faithfully,

For Housing Development Finance Corporation Ltd.

 

 

Ajay Agarwal

Company Secretary

 

Encl. a/a

 

cc:        London Stock Exchange

            10, Paternoster Square London EC4M 7LS    

 

http://www.rns-pdf.londonstockexchange.com/rns/4861A_1-2020-9-29.pdf 

http://www.rns-pdf.londonstockexchange.com/rns/4861A_2-2020-9-29.pdf

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