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DCW Ltd. ( (IN:DCW) ) just unveiled an announcement.
DCW Limited announced the successful outcome of a meeting held with its secured creditors, as directed by the National Company Law Tribunal (NCLT), regarding the Scheme of Amalgamation with Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited. The resolution for the amalgamation was approved by the secured creditors with the requisite majority, marking a significant step in the company’s strategic consolidation efforts, which could potentially enhance its market position and operational efficiencies.
More about DCW Ltd.
DCW Limited operates in the chemical industry, primarily focusing on the production of caustic soda, PVC resin, and soda ash, among other chemical products. The company serves various sectors by providing essential chemical components and has a market focus on both domestic and international clients.
Average Trading Volume: 90,108
Technical Sentiment Signal: Hold
Current Market Cap: 19.87B INR
For an in-depth examination of DCW stock, go to TipRanks’ Overview page.