19:04 IST
BSE
Merger & Restructuring
Oberoi Realty Merger & Restructuring
Oberoi Realty Limited has received NCLT approval for the merger of its wholly-owned subsidiary, Nirmal Lifestyle Realty Private Limited, into itself. The amalgamation aims to simplify the group structure and drive operational synergies. No new shares will be issued as the subsidiary's entire share capital will stand cancelled upon the scheme becoming effective.