Trinetra Cement’s board of directors at its meeting held on February 26, 2014 has approved a scheme of amalgamation of the Company and Trishul Concrete Products, both the companies being the subsidiaries of India Cements, with India Cements.
Trinetra Cement is part of the India Cements group. The ultimate promoter, The India Cement (India Cements), is the largest producer of cement in south India by volume. India Cements owns and operates seven integrated cement manufacturing plants, which are strategically located near its own limestone deposits and two standalone grinding units, in the states of Andhra Pradesh, Tamil Nadu and Maharashtra, and has a total installed capacity of approximately 14 MTPA.
Company Name | CMP |
---|---|
Ultratech Cement | 9808.95 |
Ambuja Cement | 631.20 |
ACC | 2518.60 |
Shree Cement | 25819.05 |
Dalmia Bharat | 1844.00 |
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