The Andhra Pradesh High Court has directed that a meeting of the equity shareholders of the transferor company, IVRCL Assets & Holdings Ltd, be held at KLN Prasad Auditorium, FAPCCI, here on February 27 to take up the issue of the proposed composite scheme of restructure and merger with IVRCL Ltd.
According to a statement made to the BSE, the meeting to be convened later during the month will decide on the composite scheme of merger of IVRCL A&H and IVRCL Ltd and other group firms RIHIM Developers Private Ltd and IVRCL TLT Private Ltd and their respective shareholders.