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Our Bureau

Pune, 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.

The extraordinary general meeting was held at the registered office of the company under directions of the Hon’ble High Court of Judicature at Bombay and was presided over by Mr Rahul Bajaj, who was appointed Chairman of the meetings by the Court.

The company will now file a petition before the High Court for its approval, a statement by the company secretary, Mr J. Sridhar, said.

More Stories on : Restructuring | Two/Three Wheelers | Bajaj Auto Ltd

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