| Consequent to the above, 5,81,86,610 Equity Shares (70.20%) held in KSCL i.e. Target Company by Parvathi Trading and Finance Company Private Limited ('Transferor Company') on 15th May 2023 stands transferred to NBK Real Estates Private Limited ('Transferee Company') pursuant to the Scheme of Amalgamation approved by the Hon'ble National Company Law Tribunal (NCLT) Chennai Bench.
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