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JK Lakshmi Cement Announces Key Meetings for Amalgamation Scheme

Story Highlights
  • JK Lakshmi Cement operates in the cement industry, providing various cement products.
  • The company is holding meetings to discuss a significant amalgamation scheme impacting operations.
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JK Lakshmi Cement Announces Key Meetings for Amalgamation Scheme

JK Lakshmi Cement Limited ( (IN:JKLAKSHMI) ) has issued an announcement.

JK Lakshmi Cement Limited has announced the convening of meetings for its unsecured creditors and equity shareholders as directed by the National Company Law Tribunal, Jaipur Bench. These meetings are part of a Composite Scheme of Amalgamation and Arrangement involving JK Lakshmi Cement Limited and three other companies, aimed at restructuring and consolidating operations. The meetings will be held via video conferencing on March 28, 2025, and are crucial for stakeholders to consider and approve the proposed scheme, which could significantly impact the company’s operational and market positioning.

More about JK Lakshmi Cement Limited

JK Lakshmi Cement Limited operates in the cement industry, providing a range of cement products. The company focuses on manufacturing and distributing cement and related products, serving various construction and infrastructure sectors.

YTD Price Performance: -14.89%

Average Trading Volume: 6,300

Current Market Cap: 83.5B INR

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

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