Gujarat Sidhee Cement has informed that the Board of Directors at its meeting held on Friday 26th November 2021 have approved the delegation of authority to the Executive Vice Chairman and Managing Director for appointment of Consultants, Merchant Bankers/ Other Intermediaries etc, for ascertaining the feasibility of amalgamation/ merger of Saurashtra Cement and Gujarat Sidhee Cement in accordance with applicable laws.
The above information is a part of company’s filings submitted to BSE.