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JK Lakshmi Cement LimitedOthers, 22-02-2025: Copy of Newspaper Publication

22-02-2025 | 12:04 pm

JK Lakshmi Cement has announced a board meeting on March 28, 2025, to discuss the proposed Scheme of Amalgamation with Udaipur Cement Works, Hansdeep Industries, and Hidrive Developers, as directed by the National Company Law Tribunal (NCLT). Meetings for unsecured creditors and equity shareholders will occur via video conferencing at specified times. This strategic move aims to bolster operational synergies and enhance market competitiveness. Investors may view this as a positive outlook, given the potential for improved financial resilience and growth post-amalgamation.

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