JK Cement Limited — JV/Acquisition, 26-10-2024: Amalgamation/Merger

J.K. Cement Ltd. has announced the approval of a Scheme of Amalgamation with its wholly-owned subsidiary, Toshali Cements Pvt. Ltd. The scheme facilitates the merging of Toshali Cements into J.K. Cement, aiming to enhance operational efficiencies and consolidate resources. Upon the effective date, Toshali Cements will be dissolved without winding up. The scheme requires additional approvals and will be available for review on the company’s website.