INDIA CEMENt
INDIA CEMENT ; Board approved amalgamation of ICL Financial Services, ICL Securities, ICL International, and India Cements Infrastructures with India Cements Ltd. Appointed Date: 1 January 2025; merger subject to regulatory and NCLT approval. No share issue or cash consideration involved; entire share capital of subsidiaries to be cancelled. Objective: streamline operations, enhance efficiencies, strengthen financial position, and simplify structure. No change in shareholding pattern post-merger.
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