The board of ICICI Lombard General Insurance "at its meeting held on August 21, 2020, considered and approved a 'scheme of arrangement' amongst Bharti AXA General Insurance (demerged company) and former company and their respective shareholders and creditors," the ICICI Bank promoted non-life insurer said in a late night filing on Friday.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/icici-lombard-general-insurance-to-acquire-bharti-axa-general-insurance/articleshow/77688723.cms
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