India Cements completes acquisition of SMPL
- Jun 29, 2022, 11.30 AM
- DealMoney News Service
India Cements Ltd stated that it has completed the acquisition of the entire paid-up equity and preference share capital of Springway Mining (SMPL).
SMPL has become a wholly-owned subsidiary with effect from June 27, 2022.
SMPL is in the process of setting up a cement plant in Madhya Pradesh.