The board of directors of the companies in their meeting held on July 1, has approved the scheme of amalgamation between Emami Infrastructure and Zandu Realty and their respective shareholders and creditors.
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Zandu Realty touched an intraday high of Rs 2,350 and an intraday low of Rs 2,010. At 12:13 hrs the share was quoting at Rs 2,286.05, up Rs 250.25, or 12.29%.