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Ducon Infratechnologies gets NCLT approval for scheme of merger

Capital Market 

Ducon Infratechnologies has received the final order from (NCLT) approving the scheme of arrangement concerning the amalgamation between the listed entity, Ducon Infratechnologies and the private entity India ("DTIPL").

With this approval, the Company is now on track to finish the pending activities pertaining to the scheme of arrangement.

Consequent to this, the merged entity will start reporting its financial and operating performance from FY 2018.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 16:20 IST