MoneyWorks4Me

Netvista Information Technology gets nod for scheme of arrangement

26 Aug 2013 Evaluate

Netvista Information Technology has received its board's approval for the scheme of arrangement between Gir Nature view Resorts and Netvista Ventures (Formerly Netvista Information Technology) which includes reduction of capital of Netvista Ventures by 90% and merger of GNVL into NVL.

The Board has also approved the swap ratio of 2.7:1 towards the consideration for merger. The board at its meeting held on August 26, 2013 has approved for the same.

Peers
Company Name CMP
TCS 2084.00
Infosys 992.10
HCL Technologies 1183.80
Wipro 159.40
Tech Mahindra 1489.10
View more..