NCLT Clears Merger Of Toshali Cements With JK Cement
Cement

NCLT Clears Merger Of Toshali Cements With JK Cement

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.

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.

Related Stories

Gold Stories

Next Story
Equipment

BEML Wins GeM Award for Highest MSE Order Value

BEML Limited has received the “Maximum Order Value to MSEs” award at the 10th Foundation Day celebrations of the Government e-Marketplace (GeM) held at Bharat Mandapam, New Delhi.Union Minister of Commerce and Industry Piyush Goyal presented the award, which was received on behalf of BEML by Anil Jerath, Director (Finance).The recognition acknowledges BEML's efforts to strengthen procurement from Micro and Small Enterprises (MSEs) through the GeM platform.BEML said its procurement initiatives are aimed at encouraging greater participation of MSEs in public procurement and supporting the gr..

Next Story
Equipment

BKT to Showcase Advanced Off-Highway Tyres at Bauma ConExpo

Balkrishna Industries Ltd (BKT) will showcase its latest off-highway tyre solutions at Bauma ConExpo India 2026, scheduled from September 15-18 at the India Expo Centre, Greater Noida.The company will display a range of application-specific tyres for construction, mining and industrial operations at Hall 12, Booth No. 1. Key products will include the EARTHMAX SR 30 for loaders and articulated dump trucks and the AIROMAX AM 27 for mobile cranes.BKT will also showcase MINE FORCE, EARTHMAX EXPERTO GD1, XL GRIP NEO, DYNA HAUL, CONSTEER and EARTHMAX SR423. The tyres are designed to operate under he..

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement