The company’s board also approved the draft plan of ICL Financial Services Limited, ICL Securities Limited, ICL International Limited and India Cement Infrastructure Limited with Bharat Cements Limited. Transfer companies are fully owned subsidiaries of India Cements.
The designated date of the scheme is January 1, 2025, the company filing said.
The scheme will be subject to the required legal and regulatory approvals, including approval by the National Company Law Tribunal.
When India was blackened on the basis of cement yo, the company saw a reduction of its profit by 84% after tax (PAT) on the basis of QoQ. He reported Rs 117 crore in Q3FY25.
Meanwhile, the topline increased against 27% of the 941 crore in the October-December quarter.
Also Read: Cholmandlam Investment and Finance Reports Q4 Consolidated PT Rs. 1,259.54 CR
The company has spent Rs. 1,313 crore was managed to keep an investigation, which came down from Rs 1,319 crore in the year ago. In gradually it is 4% versus Rs. It was more than 1,259.53 crore.
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