JK Lakshmi Cement Limited ( (IN:JKLAKSHMI) ) has issued an update.
JK Lakshmi Cement Limited has announced a Tribunal Convened Meeting for its unsecured creditors and equity shareholders, as directed by the National Company Law Tribunal, Jaipur Bench. The meeting is part of a Composite Scheme of Amalgamation and Arrangement involving JK Lakshmi Cement and three other companies, aiming to streamline operations and potentially enhance market positioning. The meetings, scheduled for March 28, 2025, will be conducted via video conferencing, allowing stakeholders to vote on the proposed scheme, which could have significant implications for the company’s strategic direction and stakeholder interests.
More about JK Lakshmi Cement Limited
JK Lakshmi Cement Limited operates in the cement industry, providing a range of cement products. The company focuses on serving the construction and infrastructure sectors, leveraging its manufacturing capabilities to cater to domestic and international markets.
YTD Price Performance: -14.89%
Average Trading Volume: 6,300
Current Market Cap: 83.5B INR
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