Announcement VCE

Announcement

Equity Shareholders and Unsecured creditors meetings of VGIPL

It is pleasure to inform that pursuant to the Order dated October 8, 2018 passed by the Hon’ble National Company Law Tribunal, Bengaluru Bench in the Company Application No. CA (CAA) NO. 51/BB/18, the meetings of the Equity Shareholders and Unsecured Creditors of Volvo Group India Private Limited (VGIPL) were held at Volvo Construction Equipment campus, at Plot No 7 & 8, Phase 1, Peenya Industrial Area, Peenya, Bengaluru – 560 058 on Monday, November 12, 2018 at 10.00 A.M. and 2.00 P.M. respectively and the shareholders and Unsecured Creditors have approved the Scheme of Arrangement between Volvo Group India Private Limited and Volvo CE India Private Limited under Sections 230 to 232 read with Section 52 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013.

In this regard, results of the Equity Shareholders and Unsecured creditors meetings of Volvo Group India Private Limited are uploaded.

The above is for your information.

For any further clarification, contact laxminarayan [dot] hegde [at] volvo [dot] com