IVRCLAH gets nod for proposed scheme of amalgamation

28 Feb 2012

IVRCL Assets & Holdings (IVRCLAH) has received an approval from board of directors of the company on February 27, 2012 for its proposed scheme of amalgamation between IVRCL, IVRCL Assets & Holdings, RIHIM Developers and IVRCL TLT and their respective shareholders. The scheme was approved with the requisite majority.

IVRCL Assets & Holdings is engaged in the business of urban infrastructure development, i.e. projects relating to townships, mega malls and real estate property development.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719