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HB Estate Developers allots equity shares

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Capital Market
Last Updated : Dec 12 2014 | 11:18 PM IST

Under Scheme of amalagamtion

HB Estate Developers announced that the Business Restructuring Committee of the Board of Directors of the Company in its meeting held on 12 December 2014 has issued & alloted 40,95,995 Equity Shares of Rs. 10/- each to the Equity Shareholders of Pisces Portfolios in terms of the approval of the Hon'ble High Court of Punjab & Haryana sanctioning the Scheme of Amalgamation ('the Scheme') of Pisces Portfolios with HB Estate Developers.

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First Published: Dec 12 2014 | 2:19 PM IST

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