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Ducon gets NCLT’s nod for ongoing merger process

17 Apr 2018 Evaluate

Ducon Infratechnologies has received the final order from National Company Law Tribunal (NCLT) approving the scheme of arrangement concerning the amalgamation between the listed entity, Ducon Infratechnologies and the private entity Ducon Technologies India (DTIPL).

With this approval, the company is now on track to finish the pending activities pertaining to the scheme of arrangement. Consequent to this, the merged entity will start reporting its financial and operating performance from FY 2018.

Ducon Infratechnologies is a growing technology company providing solutions in the digital and infrastructure space to a variety of business segments across industries.

Peers
Company Name CMP
Larsen & Toubro 3656.00
Kalpataru Projects 1393.80
NCC 123.80
Rail Vikas Nigam 196.50
KEC International 356.50
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