Sharesholders of NXTDIGITAL Ltd overwhelmingly support scheme of arrangement with Hinduja Global Solutions Ltd

NXTDIGITAL Limited, a leading digital platforms services provider in the country and part of the global Hinduja Group, announced that at the Extra Ordinary General Meeting (EoGM) of the shareholders held today to approve the Scheme of Arrangement between itself and Hinduja Global Solutions Limited; the minority shareholders overwhelmingly supported the Scheme with 99.99% of such shareholders voting in favour of the Scheme.

The Company stated that the EoGM was held today in compliance with the Order of the Honb'le National Company Law Tribunal dated July 29, 2022.

Commenting on the support by the minority shareholders, Vynsley Fernandes, Managing Director and Chief Executive Officer of NXTDIGITAL stated that "this overwhelming support by the minority shareholders is reflective of the fact that the Company has always kept the interests of the minority shareholders in mind while taking any strategic decisions. The result is due acknowledgement of the same by the shareholders. The Company will continue to ensure that the interests of the minority shareholders who have always stood by the Company will always be protected."

Source : Equity Bulls

Keywords

EoGM NXTDIGITAL HindujaGlobalSolutions SchemeofArrangement