Indo-National Limited — JV/Acquisition, 25-10-2024: Amalgamation/Merger

Indo National Limited has announced a draft Scheme of Amalgamation with its wholly owned subsidiary, Helios Strategic Systems Limited. This amalgamation aims to simplify the corporate structure and enhance operational efficiency by transferring all assets and liabilities from Helios to Indo National. The scheme will result in the cancellation of Helios’s share capital and its dissolution without winding up. Details include the approved resolution by the Board of Directors and associated documentation.