Axis-IT&T Ltd has informed BSE that the Hon?ble Delhi High Court has approved the Scheme of Arrangement of Cades Digitech Private Limited and Axis-IT&T Limited and their respective shareholders ('Scheme') on March 07, 2014 without any modifications in the Scheme.
The copy of the High Court Order would be received by Axis-IT&T Limited subsequently and the order would be dated accordingly. Post which, Axis-IT&T Ltd would file the same with the Registrar of Companies, New Delhi and make the Scheme effective.