ACC to merge with Tarmac India

Leading cement manufacturer, Associated Cement Companies Ltd on Friday said it has approved the merger of Tarmac India Ltd with itself.

MUMBAI: Leading cement manufacturer, Associated Cement Companies Ltd on Friday said it has approved the merger of Tarmac India Ltd with itself.
The equity shareholders of the company at their court convened meeting held yesterday approved the amalgamation scheme with requisite majority, the company informed the Bombay Stock Exchange.
The shares of the company were trading at Rs 726.50, up 3.67 per cent on the BSE.
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