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Board of Anant Raj approves scheme of arrangement

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Capital Market

At meeting held on 29 August 2018

The Board of Anant Raj at its meeting held on 29 August 2018 has approved the composite scheme of arrangement for amalgamation and demerger (Scheme) which provides for the following -

Amalgamation of Anant Raj Agencies with and into Anant Raj.

Demerger of Project Division of the Company and the vesting thereof in Anant Raj Global (the Resulting Company) and subsequent listing of the shares of ARGL on BSE and NSE.

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First Published: Aug 30 2018 | 9:54 AM IST

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