NCLT Clears Merger Of Toshali Cements With JK Cement

17 Oct 2025 CW Team

The Allahabad Bench of the National Company Law Tribunal (NCLT) has approved the amalgamation of Toshali Cements Pvt Ltd with JK Cement Ltd, with the merger taking effect from 1 January 2024.

As a result, all assets, liabilities, employees, and legal proceedings of Toshali Cements Pvt Ltd — a wholly owned subsidiary of JK Cement — have been transferred to the parent company. Toshali Cements will stand dissolved without winding up.

According to an exchange filing by JK Cement, the Tribunal sanctioned the scheme of amalgamation through its order dated 12 September 2025 in Company Petition No. CP(CAA) 15/ALD/2025, under Sections 230 to 232 of the Companies Act, 2013. The order was subsequently amended on 9 October to correct the jurisdiction of the Registrar of Companies from Dehradun to Kanpur.

JK Cement confirmed that it received the certified copy of the order and filed it with the Registrar of Companies on 15 October 2025, thereby making the scheme effective the same day.

The company said the merger aims to simplify its group structure and enhance operational efficiency by consolidating resources under a unified entity.

Headquartered in Kanpur, JK Cement Ltd manufactures both grey and white cement, with production facilities located across Rajasthan, Madhya Pradesh, Haryana, Karnataka, Gujarat, and Uttar Pradesh.

On 15 October, JK Cement’s shares closed 3.2 per cent lower, though the stock has risen about 42 per cent since the start of the year.

Infrastructure Urban

26 Jun 2026

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..