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TVS Electronics Limited and TVS Investments Private Limited are progressing towards a Scheme of Amalgamation, as sanctioned by the National Company Law Tribunal. The scheme seeks to merge both companies, enhancing operational efficiencies and market positioning. The appointed date for the amalgamation is confirmed as April 1, 2023. Shareholder meetings for TVS Electronics are scheduled for April 4, 2025, focusing on 43,021 equity shareholders and 1,064 unsecured creditors, while the transferor company will dispense with meetings due to no secured or unsecured creditors. This merger aims to streamline operations and potentially unlock shareholder value.