Shriram Transport Finance Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2015, has approved the draft Scheme of Amalgamation ('Scheme') under section 391 to 394 of the Companies Act, 1956 and other applicable provisions of the Companies Act, 2013 of Shriram Equipment Finance Company Limited (SEFCL) with Shriram Transport Finance Company Limited, subject to approval by the High Court, Shareholders, Creditors and other relevant regulatory authorities as may be necessary. As per the Scheme, SEFCL a wholly owned subsidiary of the Company will be amalgamated with Shriram Transport Finance Company Limited. No consideration will be discharged by the Company since SEFCL is the wholly owned subsidiary of the Company. Shriram Equipment Finance Company Ltd (SEFC) has informed BSE that the Board of Directors of the company and Shriram Transport Finance Co. Ltd. (STFC) in their respective meetings held on June 26, 2015 have decided to amalgamate SEFC with STFC. In view of the same, SEFC have applied to the Exchange for withdrawal of the securities mentioned below from dealings on the Exchange. (As Per BSE Announcement Dated on 23.09.2015) Shriram Transport Finance Company Ltd has informed BSE that the Hon'ble High Court of judicature at Madras, pursuant to the court hearing on March 31, 2016, has sanctioned the Scheme of Amalgamation for the merger of Shriram Equipment Finance Company Limited with Company and is expected to issue the final certified copy of order shortly. Upon receipt of the certified copy of the Order, the Company will file the same with the Registrar of Companies within the prescribed time limit to achieve the effectiveness of the Scheme of Amalgamation. (As Per BSE Announcement Dated on 31.03.2016)