Nov 26, 2024ACQUISITIONIndia NCLT approves UltraTech Cement's acquisition of Kesoram Cement
The National Company Law Tribunal, Mumbai Bench, sanctioned the Composite Scheme of Arrangement between Kesoram Industries Limited and UltraTech Cement Limited, approving the merger. The Competition Commission of India had approved the scheme on March 19, 2024.
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“The tribunal concluded that the Company Scheme Petition is fair, reasonable, and not in violation of any laws or public policy.”legal.economictimes.indiatimes.com
- 4 sources
- legal.economictimes.indiatimes.comNCLT approves UltraTech's acquisition of Kesoram Cementwww.ETLegalWorld.comNov 26, 2024
- businesstoday.inN Srinivasan resigns as CEO, MD of India Cements after CCI clears Rs 7,000 cr UltraTech deal - BusinessTodayBusiness Today DeskDec 25, 2024
- news.abplive.comIndia Cements CEO N. Srinivasan Resigns As UltraTech’s Rs 7,000-Crore Deal Gets CCI ApprovalABP News BureauDec 26, 2024
- worldcement.comUltraTech Cement Limited acquires The India Cements Limited | World CementAlfie Lloyd-PerksJan 3, 2025
Summarized from public sources; check the original articles before acting on it.
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