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Anant Raj confirms merger of One Star Realty with e 2 e Solutions

28 Nov 2015 Evaluate

Anant Raj has confirmed the merger of One Star Realty, Company’s Subsidiary (transferor Company) with e 2 e Solutions (Transferee Company) by Hon’ble High Court of Delhi vide its formal order.

Pursuant to the scheme of merger approved by the court, Anant Raj will be allotted 14,410 equity shares of face value of Rs 10 representing 49% of the post paid-up share capital of the transferee Company. The transferee Company has a commercial building situated at Gurgaon, Haryana.

Anant Raj is a leading Real Estate Developer in India. The firm is engages in development of information technology parks, special economic zones, hospitality, commercial and residential projects in the National Capital Region of India.

Peers
Company Name CMP
Lodha Developers 1223.50
Prestige EstatesProj 1646.10
Dilip Buildcon 409.00
DLF 755.60
Oberoi Realty 1797.00
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