(31-Mar-2023 Hours IST)
Outcome of the Board Meeting for the adjourned Meeting Board approved:- 1.in continuation to our intimation on o6th January 2023 regarding the Proposed acquisition of 100% Equity Shares of Ind Eco Ventures Limited (hereinafter referred to as 'IVL'), we write to inform you that the electronic transfer of shares from the shareholders of IVL to the Company could not be implemented on account of technical issues. Consequently, the proposed scheme of amalgamation of IVL with the Company could not be initiated. In view of the above, the Board of Directors has decided to reinitiate the proposed Scheme of Amalgamation upon completion of the transfer of entire Equity shares of IVL to the company. (As Per BSE Bulletin Dated on 15.06.2023)
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