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Board of OCL India approves scheme of arrangement and amalgamation

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Capital Market

At meeting held on 28 March 2016

OCL India announced that the Board of Directors of the Company at its meeting held on 28 March 2016 has transacted the following -

approved shifting of registered office from Odisha to Tamil Nadu.

approved scheme of arrangement and amalgamation amongst OCL India, Odisha Cement, Dalmia Cement East, Shri Rangam Securities & Holdings and Dalmia Bharat Holdings and their respectively shareholders and creditors.

approved alteration of objects clause of the Memorandum of Association so as to include an enabling clause of amalgamation.

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First Published: Mar 29 2016 | 9:51 AM IST

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