Transindia Real Estate Ltd. (TREL) is merging its wholly-owned subsidiary, Madanahatti Logistics and Industrial Parks, into itself.

Transindia Real Estate LimitedTREL · Filed with the exchange

This amalgamation aims to simplify TREL's corporate structure and streamline operations.

The NCLT has approved the scheme, dispensing with the need for a shareholder meeting, but has directed TREL to inform equity shareholders individually.

Shareholders can submit representations to the NCLT within 30 days of receiving the notice.

As a merger with a wholly-owned subsidiary, no new shares will be issued, ensuring no dilution for existing TREL shareholders.

Read the original filing(PDF)

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Transindia Real Estate Ltd. (TREL) is merging its wholly-owned subsidiary, Madanahatti Logistics and Industrial Parks, into itself.

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