Ultratech Cement Ltd has announced that Ultratech Cement Ltd has received a consolidation proposal from Samruddhi Cement Ltd a wholly owned subsidiary of Grasim Industries Ltd.
Grasim has proposed to de merge its cement business to Samruddhi pursuant to a scheme of arrangement under
http://www.steelguru.com/news/index/2009/10/07/MTE0OTcx/Ultratech_to_consider_merger_of_Samruddhi_Cement.html
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