Indiabulls Real Estate allots equity shares to IBREL-IBL Scheme Trust

13 Dec 2011

Indiabulls Real Estate has informed that the board of directors of the company at its meeting held on December 12, 2011, has issued and allotted its fully paid equity shares of face value Rs. 2 each, to IBREL-IBL Scheme Trust, in terms of the court approved scheme of arrangement by and among the company, Indiabulls Infrastructure and Power, Indiabulls Builders, Indiabulls Power and Poena Power Supply and their respective shareholders and creditors.

The above information is part of the company’s filing submitted to the BSE.   

Related Indiabulls Real Estate Ltd. Links:

Indiabulls Real Est. Share Price

119.95 4.10 (3.54%) Mar 05, 18:59
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 669.40
NBCC (India) 50.85
Sobha 461.25
JMC Projects (India) 78.50
Prestige Estate Proj 294.90
View more..
Sensex vs Indiabulls Real Est.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback