IVRCL Assets and Holdings Limited - Approval of the Competition Commission of India to the Composite Scheme of Arrangement

With reference to "Composite Scheme of Arrangement between IVRCL Limited and IVRCL Assets and Holdings Limited and RIHIM Developers Private Limited and IVR Prime Developers (Pallavaram) Private Limited and their respective shareholders under Sections 391 to 394 and other applicable provisions of the Companies Act, 1956",<br/>IVRCL Assets and Holdings Ltd has informed BSE that, an application had been filed by the Company under Section 6(2) of the Competition Act, 2002 seeking approval of the Competition Commission of India (CCI) for the proposed Composite Scheme of Amalgamation. Further the Company has informed that approval of the CCI to the aforesaid Scheme has been received by way of order under Section 31(1) of the Competition Act, 2002 vide Combination Registration No. C-2011/12/13, dated January 17, 2012.