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Incorporated in 1996, Housing Development & Infrastructure Limited is engaged in real estate construction and development of own or leased property.
HDIL has announced a Committee of Creditors meeting. The company remains under Corporate Insolvency Resolution Process, with the Resolution Professional managing its affairs. This meeting advances the ongoing resolution efforts.
HDIL's board meeting, scheduled to review financial results for the quarter and nine months, has been adjourned. A new date will be announced. The company remains under CIRP.
HDIL's Committee of Creditors appointed M/s. Dayal & Lohia as Statutory Auditors for five years. This operational change is significant for the company, which remains under Corporate Insolvency Resolution Process.