, or for example, now we wanted to choose 30 people , lets say 40 out of 30 people, for example, writing letters. They want to fight, no, 3 thousand people have come to compete. By the grace of god, this competition is also very socalled. Now some people are fighting factions. They say that we did not succeed, but now we see the results. I said that they are healthy because they are tall. The people themselves are present according to the law there are different groups, this is my health, so to speak, we have seen that those who are protesting are finally going to check and see that it is not the case at all, so to speak, those four cases, but here i want to tell one thing to our dear people, and that is that its really bad for the leadership since the beginning of the year. He specified exactly this for everyone, both for the brokers and for the people, that we should definitely consider these indicators for next years elections, because the enemy had started from that time, from that
Indiabulls Real Estate, Embassy Group aim to complete merger by December end
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Synopsis
The merger that will create one of India s largest listed property development platforms has received nod from anti-monopoly watchdog the Competition Commission of India (CCI). It has also received regulatory approvals from the NSE, BSE, capital market regulator Securities & Exchange Board of India (SEBI).
Agencies
The combined entity is likely to benefit from a complementary pan-India presence across key markets
Property developers Indiabulls Real Estate and Embassy Group are looking to complete their proposed merger, which marks the former’s complete exit from real estate business, by December end.
Embassy, Indiabulls Real Estate amalgamation gets key approvals
February 25, 2021
Merger process progressing to completion in a timely manner, say companies The Proposed Scheme of Amalgamation between Indiabulls Real Estate Ltd (IBREL), NAM Estates Pvt Ltd (NAM) and Embassy One Commercial Property Developments Private Limited (EOCPDPL) filed with CCI, BSE, NSE and the Securities Exchange Board of India (SEBI) has received all relevant regulatory approvals.
IBREL, NAM and EOCPDPL, in a joint release said: “Now with all necessary corporate approvals on track, the merger process is progressing to completion in a timely manner.”
NAM and EOCPDPL are subsidiaries of the Embassy Group, Embassy Group is one of the largest developers in Bengaluru and holds 14 per cent of IBREL.