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| Exchange Disseminated Time 05/11/2015 14:10:04 | Kolte-Patil Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 05, 2015, has considered and approved the following:-
1. Appointment of Mr. Atul Bohra as Chief Financial Officer of the Company with effect from November 05, 2015 in place of Mrs. Shraddha Jain.
2. Scheme of amalgamation of Corolla Realty Limited, 100% Wholly Owned Subsidiary. This merger is being planned in order to synergize the operational and business efficiencies of this Company. The Scheme of Amalgamation is subject to necessary regulatory approvals. |
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