Amalgamation of Ambuja Cement with Holcim (India) allowed

Amalgamation of Ambuja Cement with Holcim (India) allowed

The Delhi High Court has paved the way for amalgamation of Ambuja Cement India Pvt Ltd with Holcim (India) Pvt Ltd, allowing their joint plea for merger. The court has ruled that both the firms, which belong to Holcim Group of Companies, have fulfilled all legal requirements including holding of the meetings of different stakeholders.
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