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Stock Report
India Cements equity shareholders to approve Scheme of Amalgamation
Posted On : 2007-05-11 03:15:48( TIMEZONE : IST )
India Cements Ltd has announced that, pursuant to the order of the Honourable High Court of Madras, a meeting of the equity shareholders of the Company will be held on June 11, 2007, to consider and if thought fit, approve, with or without modification, the Scheme of Amalgamation between Visaka Cement Industry Ltd and the Company and their respective shareholders.
The stock was trading at Rs.183.50, down by Rs.0.30 or 0.16%. The stock hit an intraday high of Rs.187.35 and low of Rs.179.65. The total traded quantity was 384174 compared to 2 week average of 597936.
