Udaipur Cement Works Limited has informed the Exchange about Copy of Newspaper Publication
Awaiting price reaction for this filing.
Udaipur Cement Works Limited (UCWL) has filed copies of newspaper advertisements notifying the public about an upcoming NCLT Jaipur Bench hearing on May 29, 2025, related to the proposed amalgamation of UCWL, Hansdeep Industries & Trading Company Limited, and Hidrive Developers and Industries Limited into JK Lakshmi Cement Limited. The NCLT admitted the merger petition on April 17, 2025 and directed publication of the notice. Ads were published in Financial Express (all editions), Indian Express (Jaipur), Rashtradoot (Udaipur) and Jagruk Times (Sirohi) on May 15, 2025. Any person wishing to support or oppose the petition must send written notice at least 2 days before the hearing date. This is a procedural step required under the Companies Act and NCLT Rules for the scheme to progress toward final approval.
This is a routine regulatory filing required as part of the ongoing merger process. If the NCLT approves the scheme, UCWL shareholders will become shareholders of JK Lakshmi Cement Limited, and UCWL will cease to exist as a separate listed entity. No immediate impact on share price, but the merger outcome will be material for long-term holders.