Emami proposes to merge Emami Realty with Zandu Realty

19 Aug 2011

Emami Infrastructure is planning to merge its wholly-owned subsidiary Emami Realty with the realty arm of Zandu Pharmaceuticals. The board at its meeting has taken on record a proposal from its wholly-owned unlisted subsidiary Emami Realty contemplating to be merged / amalgamated with Zandu Realty. The Emami Group had recently announced that it was in the process of merging three companies under its fold - Zandu Realty, Emami Reality and Emami Infrastructure - into one, thereby bringing all its real estate businesses under one roof.crackcrack

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