Transindia Real Estate Merger & Restructuring
Transindia Real Estate notified shareholders about the NCLT-directed issuance of notices regarding the Scheme of Amalgamation of its subsidiary, Madanahatti Logistics and Industrial Parks.
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Transindia Real Estate notified shareholders about the NCLT-directed issuance of notices regarding the Scheme of Amalgamation of its subsidiary, Madanahatti Logistics and Industrial Parks.
Transindia Real Estate Ltd completed acquisition of 7 lakh CSPL shares for ₹23.59 Crore, gaining a 48.28% stake. CSPL becomes its subsidiary.
Transindia Real Estate completed the ₹24 crore acquisition of a 48.28% stake in CSPL. Consequently, CSPL has become a subsidiary with 100% voting rights.
Transindia Real Estate's stake in AGSPL reduced from 100% to 25%. AGSPL is now an associate company following preferential allotment to promoter group entities.