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Board of Blueblood Ventures approves scheme of arrangement

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Capital Market

At meeting held on 20 June 2016

Blueblood Ventures announced that the Board of Directors of the Company at its meeting held on 20 June 2016, inter alia, has approved the scheme of Arrangement to demerge the Real Estate Division of the Company situated at New Delhi into Devoted Construction (Formerly known as Devoted Construction Private Limited), Wholly Owned Subsidiary of Company w.e.f. 31 May 2016 subject to necessary approvals.

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First Published: Jun 21 2016 | 9:06 AM IST

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