Bajaj Scheme of Arrangement gets approval

New Delhi, Aug 18: The Scheme of Arrangement between Bajaj Auto Ltd, Bajaj Holdings&Investment Ltd and Bajaj Finserv Ltd was approved today by shareholders and unsecured creditors.

It was approved in meetings held at the registered office of the company under directions of the High Court of Judicature at Bombay.

The meetings were presided over by Mr Rahul Bajaj, who was appointed as Chairman of the meetings by the High Court.

The company would now file the petition before the Court for its approval.

UNI