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BSE SENSEX
73,878.15
-732.96
-0.98 %
Corporate Announcement
Security Code
500387
Company
Shree Cement Ltd
Exchange Received Time
15/04/2024 20:12:22
Exchange Disseminated Time
15/04/2024 20:12:23
Time Taken
00:00:01
Announcement under Regulation 30 (LODR)-Scheme of Arrangement |
4/15/2024 8:12:23 PM
This has reference to our intimation dated 21st March, 2024, informing about the decision of the Board of Directors not to proceed with the amalgamation of Shree Cement North Private Limited ("Wholly Owned Subsidiary 1") and Shree Cement East Private Limited("Wholly Owned Subsidiary 2"), with Shree Cement Limited ("Transferee Company") or "Company". In this connection we would like to inform that the Hon''ble National Company Law Tribunal ("NCLT"), Kolkata Bench and Jaipur Bench, vide their order(s) dated April 5, 2024 (Copy of order Received on April 10, 2024) and April 10 April, 2024 (Copy of order Received on April 10, 2024) respectively, have allowed the withdrawal of Scheme.
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