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KIMA Process Control GmbH has received an order valued at approximately €1.5 million to supply SMARTFILL and MILLPILOT advanced process control and AI systems to Saurashtra Cement Group Ltd in India.
Gujarat Sidhee Cement Limited will amalgamate into Saurashtra Cement Limited, as sanctioned by the National Company Law Tribunal. Shareholders of Gujarat Sidhee will receive 62 equity shares of Saurashtra Cement for every 100 shares held.
Saurashtra Cement and Gujarat Sidhee Cement have agreed to merge into a single entity, approved by their boards on 30 December 2021.