Under the scheme of merger, Hinduja Healthcare, engaged in healthcare services, will be amalgamated into Hinduja Realty Ventures that focuses on real estate development.
The National Company Law Tribunal (NCLT) has approved the merger scheme between Hinduja Group s Hinduja Realty Ventures Ltd and Hinduja Healthcare Ltd, marking a significant step in the group s corporate restructuring plans. Under the scheme, Hinduja Healthcare will merge into Hinduja Realty Ventures to consolidate operations and enhance efficiency.
GOCL Corporation Ltd, part of the Hinduja Group, has partnered with Squarespace Builders to monetize 264.5 acres in Hyderabad, bringing in over Rs 3,402 crore. They are also developing land with Hinduja Healthcare, and funds will be used for future growth, including a Bengaluru IT project.
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