|
Indian Hotels gets HC nod for merger
Business Standard
- March 30, 2007
Indian Hotels Company
has said the Bombay High Court has approved its proposed
merger with four other hotels. In a filing to the BSE,
the company said the Bombay High Court has approved
the scheme of amalgamation entailing the merger of Indian
Resort Hotels, Gateway Hotels and Getaway Resorts, Asia
Pacific Hotels, Taj Lands End, Kuteeram Resorts with
itself. The Bombay High Court approved of the merger
on March 9. April 25 was fixed as the record date for
determining the shareholders of Indian Resort Hotels
who would receive equity shares of Indian Hotels Company.
|
|