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Июнь
2023

India Bulls-Embassy Merger will create one of India’s largest listed real estate development companies, says Jitu Virwani

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Embassy Group is planning to restructure debt and focus on residential and commercial businesses following the merger with Indiabulls Real Estate amid concerns raised about valuation and land litigation that halted the merger. The NCLT withheld the merger due to objections raised by the IT department, despite dismissing the minority shareholder's concerns.



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