Process of Merger and Amalgamation

If No
Check Memorandum whether it authorizes Merger Amend the Object Clause

Convene a preliminary Board Meeting

Prepare Valuation Report and Swap Ratio

Preparation of scheme of Amalgamation

Inform Stock Exchanges

Convene Board meeting to approve the scheme, before meeting and
valuation report, swap ratio
outcome of the meeting

Application under Clause 24 of Listing Agreement filing

the proposed scheme of Amalgamation

Application to the court seeking direction to call general

meeting/creditors meeting
Inform the Stock
Convene general meeting Exchanges as and when
required
Reporting results of the meeting to the concerned High
Court

Petition to the court for Confirmation of the scheme

Obtaining court order sanctioning scheme

Filing copy of court order with ROC

Transfer of assets and liabilities

Allotment of shares to shareholders of Transferor

Company

Listing of shares at Stock Exchange

Post merger integration