It is 17 August 2012
IVRCL has announced that with respect to the sanctioning by Hon'ble High Court of Andhra Pradesh of the composite scheme of arrangement between IVRCL, IVRCL Assets & Holdings and Rihim Developers, IVRCL TLT and their respective shareholders and secured creditors, the company has fixed 17 August 2012 as the record date for the issuance and allotment of five (5) fully paid up equity shares of Rs 2 each of IVRCL for every six (6) fully paid up equity shares of Rs 10 each held by the shareholders of IVRCL Assets & Holdings, as per the share exchange ratio stipulated in the sanctioned scheme.Powered by Capital Market - Live News
