JK Cement gets NCLT nod to merge arm Jaykaycem with itself

JK Cement gets NCLT nod to merge arm Jaykaycem with itself

The shares of JK Cement were 1.2% higher at ₹2,882.95 on NSE

FPJ Web DeskUpdated: Monday, March 06, 2023, 01:20 PM IST
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JK Cement gets NCLT nod to merge arm Jaykaycem with itself | Image: JK Cement (Representative)

JK Cement Ltd has received approval from the Allahabad bench of the National Company Law Tribunal to merge wholly-owned subsidiary Jaykaycem (Central) Ltd with itself, according to an exchange filing.

The shares of JK Cement were 1.2% higher at ₹2,882.95 on NSE at 11:00 IST.

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