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Star Cement Ltd - Intimation Of Scheme Of Amalgamation Between The Subsidiary Companies Under Regulation 30 Of SEBI (LODR) Regulations, 2015, As Amended.
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03 Feb 2023
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, as amended, we would like to inform you that Board of Directors of Star Cement Meghalaya Limited (a Material Subsidiary Company), Meghalaya Power Limited (a Wholly owned Subsidiary Company), Megha Technical &amp; Engineers Private Limited (a Wholly owned Subsidiary Company) and NE Hills Hydro Limited (a Wholly owned Subsidiary Company) at their respective meetings held on 02nd February, 2023 duly approved a proposal for Scheme of Amalgamation between Star Cement Meghalaya Limited (Transferee Company) and Meghalaya Power Limited (Transferor Company), Megha Technical &amp; Engineers Private Limited (Transferor Company) &amp; NE Hills Hydro Limited (Transferor Company) with effect from April 01, 2023 (Appointed date). The Scheme of Amalgamation is subject to Statutory, Regulatory and other approvals as may be necessary. Both the Transferor Company and the Transferee Companies are unlisted Companies.
View all announcements for Star Cement Ltd Source: BSE India