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The latest update is out from India Cements Ltd. ( (IN:INDIACEM) ).
India Cements Limited held meetings with its equity shareholders and unsecured creditors to discuss the Scheme of Amalgamation with its subsidiaries, as directed by the National Company Law Tribunal, Chennai. The amalgamation involves merging several subsidiaries into India Cements Limited, which could streamline operations and enhance the company’s market position.
More about India Cements Ltd.
India Cements Limited, a subsidiary of UltraTech Cement Limited, is a prominent player in the cement industry, focusing on the production and distribution of cement and related products in India.
Average Trading Volume: 49,583
Technical Sentiment Signal: Buy
Current Market Cap: 119.6B INR
See more insights into INDIACEM stock on TipRanks’ Stock Analysis page.