Gujarat Ambuja Cements - Updates on Scheme of Amalgamation

Mumbai, Feb 22 (UNI) Gujarat Ambuja Cements Ltd has received the Order passed by the Gujarat Court approving the amalgamation of Indo-Nippon Special Cements Ltd (INSCL) with the Company, with effect from July 1, 2005, in terms of the Scheme of Amalgamation already filed.

The Company has filed the requisite form No 21 with the Registrar of Companies, Gujarat in accordance with the provisions of the law.

Since INSCL was a wholly-owned subsidiary Company, no further shares have been issued by the Company on amalgamation, Gujarat Ambuja Cement informed the BSE.

UNI