In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), read with Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 issued by the Securities and Exchange Board of India (SEBI), RDB Realty & Infrastructure has informed that the Board of Directors of RDB Realty & Infrastructure at its Meeting held today, i.e., on 22nd day of January, 2022 has, on the recommendation of the Audit Committee and Independent Directors Meeting, approved the revised Scheme of Arrangement for Demerger between RDB Realty & Infrastructure ('RRIL') and RDB Real Estate Constructions ('RRECL') and their respective shareholders for demerger of Realty division of RRIL, under Sections 230 to 232 of the Companies Act, 2013, subject to receipt of approvals from shareholders and creditors of the Company as may be directed by the National Company Law Tribunal (NCLT) bench at Kolkata, BSE Limited, The Calcutta Stock Exchange, the SEBI and approval of other regulatory or statutory authorities as may be required.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Dilip Buildcon | 460.00 |
Macrotech Developers | 1118.90 |
NBCC (India) | 128.50 |
Prestige EstatesProj | 1475.00 |
DLF | 856.85 |
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