The India Cements Limited has informed the Exchange about Copy of Newspaper Publication
INDIACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Cements, a subsidiary of UltraTech Cement, has submitted copies of newspaper advertisements to the stock exchanges. The ads notify separate meetings of equity shareholders and unsecured creditors, both scheduled for Saturday, 27 September 2025, to be held via video conferencing. The notices were published in Business Standard (English, all-India edition) and Dinamani (Tamil, Tamil Nadu edition). The meetings have been called under directions of the NCLT Chennai Bench, which is a standard procedural step in a scheme of arrangement where both shareholders and creditors must vote on the proposal.
This is a procedural filing tied to an ongoing corporate action (likely a scheme of arrangement/amalgamation given the UltraTech parentage). Shareholders and unsecured creditors will get a chance to vote on the proposed scheme on 27 September 2025 — the actual share price impact will depend on the terms of the scheme being put to vote.