NCLT withholds merger of Embassy group firms with Indiabulls Real Estate; shares of IBREL tumbles 20%

In August 2020, Bengaluru-based realty firm Embassy Group entered into a definitive agreement to merge its certain residential and commercial projects with IBREL through a cashless scheme of amalgamation. In August 2020, Bengaluru-based realty firm Embassy Group entered into a definitive agreement to merge its certain residential and commercial projects with IBREL through a cashless scheme of amalgamation. Moneycontrol Latest News Read More

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