March 30, 2018 / 7:26 AM / in 5 months

BRIEF-Mahindra And Mahindra Says Orizonte Business Solutions, Resfeber Labs Approve Merger Scheme

March 30 (Reuters) - Mahindra And Mahindra Ltd:

* BOARD OF ORIZONTE BUSINESS SOLUTIONS AND RESFEBER LABS APPROVED SCHEME OF MERGER TO MERGE ORIZONTE INTO RESFEBER

* ORIZONTE BUSINESS SOLUTIONS OR SMARTSHIFT WILL CEASE TO BE CO’S SUBSIDIARY​

* SAYS ‍CO'S SHAREHOLDING IN RESFEBER LABS OR PORTER WILL BE 30.9 PERCENT OF SHARE CAPITAL​ Source text: bit.ly/2pQjN8O Further company coverage:

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