JK Lakshmi Cement Limited — Updates, 12-06-2025: Scheme of Arrangement

JK Lakshmi Cement has announced a board meeting on the Composite Scheme of Amalgamation sanctioned by the National Company Law Tribunal. The scheme merges the cement businesses of Udaipur Cement Works, Hansdeep Industries & Trading, and Hidrive Developers into JK Lakshmi Cement, dissolving the transferor companies without winding up. This consolidation aims to simplify the corporate structure, improve operational efficiency, reduce costs, and strengthen financial health, positioning the company for enhanced growth and better capital deployment once regulatory filings are complete.