Mysore Cements is now HeidelbergCement India Ltd

(India)  —  Mysore Cements Ltd has announced that the name of the Company has been changed from “Mysore Cements Ltd” to “HeidelbergCement India Ltd” w.e.f. April 16, 2009, consequent to the issue of the fresh certificate of incorporation by the Registrar of Companies, Karnataka (ROC).

Further the Company has informed that change of name of the Company was part of the Scheme of Amalgamation of Indorama Cement Ltd and HeidelbergCement India Pvt Ltd into and with Mysore Cements Ltd, which was sanctioned by the Hon’ble High Courts of Bombay, Punjab & Haryana and Karnataka. The said Scheme became effective from February 13, 2009, however the new name “HeidlebergCement India Ltd” is effective from April 16, 2009 i.e., the date of issue of fresh certificate of incorporation by ROC.

The stock was trading at Rs.25.15, up by Rs.1.05 or 4.36%. The stock hit an intraday high of Rs.25.20 and low of Rs.23.80.

The total traded quantity was 132465 compared to 2 week average of 624661.

SOURCE:  www.equitybulls.com

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