Mangalam Cement gets nod to amalgamate Mangalam Timber Products with itself

Mangalam Cement has received approval for the amalgamation of Mangalam Timber Products with itself on the basis of recommendation-made by the Audit Committee of the Board. The Board of Directors of the Company at its meeting held on March 09, 2019 has approved the same. Further, the Board has also approved loan upto Rs 5 crore to Mangalam Timber Products on the basis of recommendation made by the Audit Committee to the Board.

Mangalam Cement is a cement manufacturing company. The product range of the company includes Birla Uttam Cement- 43 Grade, Birla Uttam Cement- 53 Grade etc.