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Outcome of board meeting of Ahluwalia Contracts (India)

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Last Updated : Apr 01 2014 | 12:07 AM IST

Held on 26 March 2014

Ahluwalia Contracts (India) has announced that the Board of Directors of the Company at its meeting held on 26 March 2014, considered and approved the following matter:

The Board has approved to sell the investment (equity share capital) in its 100% wholly owned subsidiary viz. Ahlcon Ready Mix Concrete through disinvestment.

Subsequent to this disinvestment by the Company, Ahlcon Ready Mix Concrete will cease to be its 100% wholly owned subsidiary Company.

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First Published: Mar 31 2014 | 12:21 PM IST

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