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An update from Laxmi Goldorna House Ltd. ( (IN:LGHL) ) is now available.
Laxmi Goldorna House Limited has announced the approval of a scheme of amalgamation with its wholly-owned subsidiary, Laxmi Infraspace Private Limited. This merger aims to streamline and consolidate the business activities of both companies, enhancing operational efficiency. The scheme, which falls under specific SEBI regulations, does not require an approval process, simplifying the merger procedure and potentially benefiting stakeholders by optimizing the company’s structure.
More about Laxmi Goldorna House Ltd.
Laxmi Goldorna House Limited operates in the industry of gold and jewelry, focusing on providing high-quality ornaments and related products. The company is engaged in the business of manufacturing and retailing gold jewelry and ornaments, catering to a diverse market with a focus on quality and customer satisfaction.
See more insights into LGHL stock on TipRanks’ Stock Analysis page.