As filed · Amalgamation/Merger
Amalgamation/Merger. Y:\SEs ltr dt 26042025 - Reg 30 Merger-KCO-25Apr2025.doc. 26.04.2025, approved the draft Scheme of Amalgamation of ICL Financial Services Limited, ICL.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
Prior statements by this company that CapitSignal has recorded changing.
So that demand impact will be felt next year because they will have water crisis.
Yes. There are still some dry states.
By the end of fiscal ‘27, take a guess, we will be having a network of physically 82 plant locations in the country and rising.
So, certainly, we'll start capex work, we'll announce it next quarter. We have not yet completed stitching the program. Next quarter, we start, which is middle of '25,'26,'27 and we will hopefully complete, and first quarter of '28, April, June '27, you will start seeing the benefits in the P&L of ICL.
Phase 5 will also be there where we'll see brownfield opportunities of India Cements location getting tapped.
And as I mentioned, we are now getting ready for our Phase 4 of growth of capex.
