At meeting held on 21 May 2021The Board of Container Corporation Of India at its meeting held on 21 May 2021 has accorded its in-principle approval for exploring the possibility of borrowing an amount not exceeding Rs.3,500 crore by the Company from any bank(s)/ corporate(s) and institution(s) towards executing long term lease agreement(s) for Railway Land(s).
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At meeting held on 21 May 2021The Board of Container Corporation Of India at its meeting held 21 May 2021 considered and approved the Scheme of Arrangement for Amalgamation of wholly owned unlisted subsidiary namely, CONCOR Air (Transferor Company) with Container Corporation of India (Transferee Company).
The above Scheme of Arrangement shall be subject to the approval of Ministry of Corporate Affairs (MCA), Shareholders and Creditors of both the Companies.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during