|
| Exchange Received Time 07/11/2017 12:11:12 Exchange Disseminated Time 07/11/2017 12:11:21 Time Taken 00:00:09 | Ref: Company Petition for sanction of Composite Scheme of Arrangement between M/s. Gayatri Projects Limited ('the Transferee Company' or 'the Demerged Company'), M/ s. Gayatri Infra Ventures Limited ('the Transferor Company' ) and M/s. Gayatri Domicile Private Limited ('the Resulting Company') and their respective Shareholders and Creditors.
………………………………………………………………………………………………………………
With reference to the above cited subject and reference, we are pleased to inform you that :-
1. The National Company Law Tribunal Hyderabad Bench (NCLT) has sanctioned the composite scheme of arrangement between Gayatri Projects Limited (GPL), Gayatri Infra Ventures Ltd. (GIVL) & Gayatri Domicile Pvt. Ltd. (now Gayatri Highways Limited, GH) to restructure the Road BOT Assets (RBAs) business. The scheme was originally approved by the respective Boards of Directors on 16th July 2016.
|
|
|