Appointed date for scheme is 01 April 2012
HB Estate Developers announced that the Scheme of Amalgamation of Pisces Portfolios with HB Estate Developers (Scheme) has been approved by the Hon'ble High Court of Punjab & Haryana at Chandigarh. The Appointed Date for the Scheme is 01 April 2012 and the Transferee Company (HB Estate Developers) shall issue 64 Equity Shares of Rs. 10/- each as fully paid-up for every 100 Equity Shares of Rs. 10/- each held by the shareholders of the Transferor Company (Pisces Portfolios). The total number of equity shares of Rs. 10/- each to be allotted to the shareholders of the Transferor Company by the Transferee Company is 40,95,995 amounting to Rs. 4,09,59,950/-.Powered by Capital Market - Live News
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