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Outcome of board meeting of International Combustion (India)

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Capital Market

Held on 11 June 2014

International Combustion (India) announced that the Board of Directors of the Company at its meeting held on 11 June 2014, has accorded its in-principle approval to the setting up of a new Strategic Business Unit (SBU) of the Company for the Dry Mortar business subject to the necessary approval for the alterations/additions to the Objects Clause of the Memorandum of Association of the Company by the shareholders of the Company at the forthcoming Annual General Meeting.

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First Published: Jun 13 2014 | 4:08 PM IST

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