Home / Markets / Capital Market News / Board of J K Cements approves divestment of entire stake held in Toshali Logistics

Board of J K Cements approves divestment of entire stake held in Toshali Logistics

Last Updated : Oct 26 2024 | 6:31 PM IST

At meeting held on 26 October 2024

The Board of J K Cements at its meeting held on 26 October 2024 has approved selling of entire equity shares of Toshali Logistics to a Carrier /transporter Company. Consequent to the above, Toshali Logistics will cease as the subsidiary of Toshali Cements and step-down subsidiary of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

Vaibhav Global receives reaffirmation in credit ratings

IDFC First Bank consolidated net profit declines 71.62% in the September 2024 quarter

J K Cements consolidated net profit declines 28.24% in the September 2024 quarter

Jaiprakash Power Ventures consolidated net profit rises 166.04% in the September 2024 quarter

Paramount Communications consolidated net profit rises 4.31% in the September 2024 quarter

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 26 2024 | 6:16 PM IST