Ritesh Properties & Industries has informed that pursuant to the Hon’ble Judges of National Company Law Tribunal, New Delhi(‘NCLT’) have made the pronouncement of the order on Augusi 16, 2021, approval of the Scheme of Amalgamation of Ritesh Spinning Mills (Transferor Company- 1),Ritesh Impex Company-ll), H B Fibres (Transferor Company-II!) with Ritesh Properties and Industries Limited (Transferee Company-IV) and their respective shareholders and creditors in terms of section 230 to 232 and other applicable the Companies Act, 2013 (Scheme of Amalgamation).
The above information is a part of company’s filings submitted to BSE.