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Rdb Realty & Infrastructure informs about scheme of arrangement

17 Dec 2022 Evaluate
Rdb Realty & Infrastructure has informed that the Board of Directors of RDB Realty & Infrastructure (Board) at its Meeting held today, on 17th day of December, 2022 has, on the recommendation of the Audit Committee, approved the Scheme of Arrangement 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.

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

Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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