INDIABULLS REAL ESTATE LTD. - 532832 - Update On Merger Of NAM Estates Private Limited ('NAM Estates') And Embassy One Commercial Property Developments Private Limited (Embassy One'), Both Embassy Group Entities, With Indiabulls Real Estate Limited ('The Company' Or 'IBREL') ('Merger')
In furtherance to earlier intimations on subject matter, we wish to inform that subsequent to receipt of applicable regulatory approvals from Competition Commission of India (CCI), National Stock Exchange of India (NSE), BSE Limited (BSE), the Securities and Exchange Board of India (SEBI), today the Company has filed the requisite joint application with jurisdictional bench of NCLT, for its approval to the Scheme of Merger.16-08-2021