This is in furtherance to our letter dated December 24 2018 intimating the Stock Exchanges about approval of Board of directors of the Company to the proposed Composite Scheme of Amalgamation and Arrangement amongst Max India Limited Max Healthcare Institute Limited Radiant Life Care Private Limited and a wholly owned subsidiary of Max India incorporated for this purpose namely Advaita Allied Health Services Limited.
In this regard we would like to inform you that pursuant to the comments received from SEBI the Company has received Observation Letters from BSE vide letter no. DCS/AMAL/JR/R37/1562/2019-20 dated August 26 2019 and NSE vide letter No NSE/LIST/20232_I dated August 27 2019 which permit the parties to the Scheme to file the Composite Scheme of Amalgamation and Arrangement with National Company Law Tribunal ["NCLT"] Mumbai Bench