(20-Dec-2017 Hours IST)
In furtherance to our letter dated October 12, 2017 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held on December 19, 2017, has approved the following: Composite scheme of arrangement between Tata Teleservices Limited (Transferor Company), Bharti Airtel Limited (Transferee Company 1) and Bharti Hexacom Limited (Transferee Company 2) and their respective shareholders and creditors, under sections 230 to 232 of the Companies Act, 2013 ('Scheme 1'); B. Scheme of arrangement between Tata Teleservices (Maharashtra) Limited (Transferor Company) and Bharti Airtel Limited (Transferee Company) and their respective shareholders and creditors, under sections 230 to 232 of the Companies Act, 2013 ('Scheme 2'). Kindly take the same on record. Further to our intimation dated August 29, 2018, we enclose herewith the 'Scrutinizer's Report' on Tribunal convened meetings of Equity Shareholders and Unsecured Creditors of Bharti Airtel Limited convened and held on Tuesday, August 28, 2018 for approval of composite scheme of arrangement between Tata Teleservices Limited, Bharti Airtel Limited and Bharti Hexacom Limited and their respective shareholders and creditors under sections 230 to 232 and other applicable provisions of the Companies Act, 2013. We request you to take the same on record. (As Per BSE Announcement Dated on 30.08.2018) In furtherance to our previous intimations dated July 01, 2019, we wish to inform you that the Department of Telecommunications vide its letters dated February 06, 2020 has conveyed to the company that the schemes of arrangement w.r.t. demerger of consumer mobile business of Tata Teleservices (Maharashtra) Limited and Tata Teleservices Limited have been taken on record. Kindly take the same on record. (As Per BSE Announcement dated on 06/02/2020)
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