Ambuja will issue 12 equity shares for every 100 equity shares of Sanghi Industries as recommended by the valuers and accepted by the Ambuja Board. In Penna Cement, it will pay equity shareholders, whose names are recorded in the register of members on the record date, "₹321.50 for every one fully paid-up equity share of ₹10 each," held in the transferor company.
This story is from the December 18, 2024 edition of The New Indian Express Bhubaneswar.
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This story is from the December 18, 2024 edition of The New Indian Express Bhubaneswar.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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