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DCW Limited Secures Creditor Approval for Amalgamation

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DCW Limited Secures Creditor Approval for Amalgamation

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DCW Ltd. ( (IN:DCW) ) has shared an announcement.

DCW Limited has successfully held a meeting with its unsecured creditors, as directed by the National Company Law Tribunal (NCLT), to discuss the Scheme of Amalgamation with Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited. The resolution for the amalgamation was approved by the creditors with the requisite majority, marking a significant step in the company’s strategic consolidation efforts.

More about DCW Ltd.

DCW Limited operates in the chemical industry, focusing on the production and distribution of various chemical products. The company is involved in the amalgamation process with Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited, aiming to enhance its market position and operational efficiency.

Average Trading Volume: 90,108

Technical Sentiment Signal: Hold

Current Market Cap: 19.87B INR

See more data about DCW stock on TipRanks’ Stock Analysis page.

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