SSI allots shares to shareholders of Buckingham Real Estate

Chennai, Sep 27 (UNI) As per the Scheme of Amalgamation cum Arrangement approved by the Madras High Court, SSI limited today alloted 3,21,44,940 Equity Shares of Rs ten each to the shareholders of Buckingham Real Estate and Asset Developers (Madras) Limited.

The shares were allotted at the SSIs AGM here. The company is in the process of applying to the Stock Exchanges for listing of the above shares. a SSI release said.

Since the merger of SSI's Education business with Aptech and its technology business with Scandent Solutions, SSI has been engaged in asset-based businesses that capitalise on emerging opportunities in the resurgent Indian domestic market including the Hospitality and Entertainment space.

UNI GV AJ 1923