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| Exchange Disseminated Time 06/10/2016 18:03:59 | | Sunteck Realty Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 05, 2016, has approved a Scheme of Amalgamation of Advaith Infraprojects Private Limited (Transferor Company 1- wholly owned subsidiary of Sunteck Realty Limited) and Satguru Corporate Services Private Limited (Transferor Company 2- Step-down wholly owned subsidiary of Sunteck Realty Limited) with Sunteck Realty Limited (Transferee Company) under Sections 391 to 394 of the Companies Act, 1956 or any statutory modification or replacement thereof for the time being in force read with other applicable provisions of Companies Act 2013 or any amendment thereof. The Scheme is subject to the approval of Hon’ble High Court of Judicature at Bombay and all other regulatory approvals. |
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