Reliance Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 16,2016, has approved a Scheme of Arrangement between Reliance Infrastructure Limited ('Rlnfra' or 'the Company') and Reliance Electric Generation and Supply Private Limited ('REGSPL') and their respective shareholders and creditors subject to requisite approvals.
Reliance Infrastructure Ltd has informed BSE that the Hon'ble High Court of judicature at Bombay has allowed the Scheme of Arrangement between Reliance Infrastructure Limited and Reliance Electric Generation and Supply Limited vide order dated January 19, 2017. The copy of the order is awaited.
(As per BSE Announcement dated on 19.01.2017) | Powered by Capital Market - Live News |
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