Tuesday, 8 August 2017

Idea Cellular seeks NCLT approval for merger with Vodafone-The Total Investment & Insurance Solutions

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8 August  2017

Consequent to the approval given by the Competition Commission of India (CCI) for Vodafone-Idea merger, Idea Cellular has filed an application before the National Company Law Tribunal (NCLT) for its approval, a company statement said here on Tuesday. The Total Investment & Insurance Solutions

According to the statement, the application was filed on Monday before the Ahmedabad Bench of the NCLT. The Total Investment & Insurance Solutions

"Following the receipt of approvals from Competition Commission of India on 24 July 2017 and the Stock Exchanges/SEBI on 04 August 2017, and in accordance with the terms thereof, Idea Cellular has yesterday filed an application before the National Company Law Tribunal, Ahmedabad Bench, for approval of the merger of Vodafone India and Vodafone Mobile Services with the Company," Idea Cellular said in a statement. The Total Investment & Insurance Solutions

Vodafone India and Aditya Birla Group-promoted Idea Cellular on March 20 announced their much-awaited amalgamation. The Total Investment & Insurance Solutions


Kumar Mangalam Birla, Chairman of the Aditya Birla Group, will be its Chairman.The Total Investment & Insurance Solutions

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