“We wish to update that all the conditions stated under the Scheme for making it effective have been satisfied, and hence the Scheme is now effective from the Appointed Date i.e. October 1, 2021, as specified thereunder,” it said. The six companies — APML, APRL, UPCL, REL, REGL and APMuL — now stand amalgamated with APL, it added.
Can Horizon Parks IPO deliver long-term growth for high-risk investors?
Horizon Industrial Parks plans a ₹2,600 crore IPO to reduce its debt burden. The company develops and leases large warehouses and industrial facilities across India.