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Board of Emami Realty approves scheme of amalgamation

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Capital Market

At meeting held on 01 September 2015

Emami Realty announced that the Board of Directors of the Company at its meeting held on 01 September 2015, inter-alia, considered and approved the Scheme of Amalgamation ("Scheme") of the Company and Emami Rainbow Niketan with its holding company, Emami Infrastructure. The above Scheme would be subject to the approval of the members, all the requisite authorities and the Hon'ble High Court of Calcutta as applicable.

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First Published: Sep 02 2015 | 10:47 AM IST

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