(04-Mar-2011 Hours IST)
Satra Properties India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 04, 2011, inter alia, transacted the following business: 1. The Board has decided in - principally to amalgamate its Wholly Owned Subsidiary Company namely, Satra Property Developers Private Limited with the Company. The Board has also constituted a Committee of Directors and delegated the powers with respect to the amalgamation including approving and finalization of scheme in consultation with the experts.
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