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Update on Scheme of Arrangement

| Updated on July 11, 2016 Published on July 11, 2016

India Infraspace Ltd has informed BSE that:

"Honble High Court of Gujarat vide its order dated June 16, 2016 has sanctioned a composite scheme of Arrangement involving (i) Re Organizaiton of Share Capital of India Infraspace Limited (IIL) (ii) Demerger of infrastructure business of IIL and vesting the same into Vernes Infotech Limited (VIL).

Update on the same, detailing brief features of the sanctioned Scheme has been sent to the shareholders of the Company today."

Pdf Link: >Update on Scheme of Arrangement

Source : BSE - >www.bseindia.com

Published on July 11, 2016
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