Both companies have called out their respective SGMs on June 19 at 11 AM in their respective head offices through a virtual medium.
The meeting will endorse a proposal of acquiring United Finance (UFL) with a swap ratio of 100:35. Moreover, the meeting will delegate authority to BOD to conclude the acquisition.
In this regard, the companies are closing their books on June 11, thus, the shareholders registered in their respective books till June 10 will be eligible to attend the SGM.
