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India Cements Ltd. ( (IN:INDIACEM) ) has issued an announcement.
India Cements Limited held a court-convened general meeting on September 27, 2025, to discuss the Scheme of Amalgamation involving ICL Financial Services Limited, ICL International Limited, ICL Securities Limited, and India Cements Infrastructures Limited with itself. The meeting, conducted via video conferencing as directed by the National Company Law Tribunal, aimed to secure approval from equity shareholders and unsecured creditors for the amalgamation scheme. The outcome of the voting will be communicated separately, indicating a significant step towards restructuring that could impact the company’s market positioning and stakeholder interests.
More about India Cements Ltd.
India Cements Limited, a subsidiary of UltraTech Cement Limited, operates in the cement industry, providing a range of cement products. The company is headquartered in Chennai, India, and focuses on serving the construction and infrastructure sectors.
Average Trading Volume: 49,583
Technical Sentiment Signal: Buy
Current Market Cap: 119.6B INR
Learn more about INDIACEM stock on TipRanks’ Stock Analysis page.