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Indiabulls Real Estates informs about outcome of meeting

21 Jun 2019 Evaluate

Indiabulls Real Estates  has informed that Pursuant to Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in relation to the meetings of Equity Shareholders, Secured Creditors and Unsecured Creditors of Indiabulls Real Estate , convened on June 20, 2019, pursuant to the Order of the Honble National Company Law Tribunal, Principal Bench, New Delhi, it has submited the following: Summary of proceedings of the meeting of the Equity shareholders.Voting Results and Scrutinizers Report on the meeting of the Equity Shareholders. Scrutinizers Report(s) on the meetings of the Secured Creditors and Unsecured Creditors.Further informed that as per the reports of Scrutinizer, the Equity shareholders, Secured Creditors and Unsecured Creditors of the Company, at their respective meetings held today, have approved the proposed Scheme of Arrangement, with the requisite majority.

The above information is a part of company’s filings submitted to BSE.




Peers
Company Name CMP
Lodha Developers 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
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