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JK Lakshmi Cement LimitedOthers, 25-02-2025: Copy of Newspaper Publication

25-02-2025 | 03:05 pm

JK Lakshmi Cement Ltd has announced a board meeting to discuss the scheme of amalgamation with Udaipur Cement Works Ltd, Hansdeep Industries & Trading Co. Ltd, and Hidrive Developers and Industries Ltd. The meetings for unsecured creditors and equity shareholders are set for March 28, 2025, via video conferencing. This strategic move aims to streamline operations and enhance market competitiveness. Investors may view this development positively as it could lead to improved financial performance, although there might be uncertainties during the approval process from the National Company Law Tribunal.

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