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IVRCL Assets and Holdings & IVRCL parent proposed amalgamation approved

 |  January 24, 2012

The CCI has approved the proposed amalgamation of IVRCL Assets and Holdings with parent company IVRCL, as well as the spin-off of IVRCL A&H’s real estate business into a new company. The two companies have received in-principle consent from their respective boards of directors for the proposed amalgamation.

Source: Business Standard


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