Joint Ventures30 March 2026 at 03:51 pm
Sanction of Scheme of Arrangement Between Penna Cement and Ambuja Cements
AI Summary
Ambuja Cements Limited has informed the stock exchange about the Sanction of Scheme of Arrangement between Penna Cement Industries Limited and Ambuja Cements Limited and their respective shareholders. The Hon’ble National Company Law Tribunal, Ahmedabad Bench has sanctioned the Scheme of Arrangement. The Appointed Date of the Scheme is August 16, 2024. The Scheme will be effective upon completion of the steps, as laid out in the Scheme. The above intimation will be uploaded on the website of the Company.
Key Highlights
- Sanction of Scheme of Arrangement between Penna Cement Industries Limited and Ambuja Cements Limited
- The Scheme of Arrangement is sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench
- The Appointed Date of the Scheme is August 16, 2024
- The Scheme will be effective upon completion of the steps, as laid out in the Scheme
- The intimation will be uploaded on the website of the Company