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India Cements approves scheme of amalgamation

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Capital Market

On 26 February 2014

India Cements announced that the board of directors in the meeting held on 26 February 2014 have approved a scheme of amalgamation of Trinetra Cement, a listed company and Trishul Concrete Products, an unlisted company, both the companies being the subsidiaries, with the company under Sections 391 to 394 of the Companies Act, 1956, to take effect from 01 January 2014 (appointed date), subject to concurrence / consent / sanction of appropriate authorities.

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First Published: Feb 26 2014 | 2:07 PM IST

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