India Cements to Sell Entire Stake in Industrial Chemicals and Monomers Ltd for ₹98 Crore 10 days ago
India Cements Limited has announced plans to sell its entire equity investment in Industrial Chemicals and Monomers Ltd (ICML) to Mirai Sensing Private Ltd for ₹98.00 crore. This divestment will result in ICML no longer being a subsidiary of India Cements. The transaction is expected to have a significant impact on India Cements' financial position, though the full extent and utilization of proceeds are yet to be disclosed.
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