Shyam Sel & Power merger with SV Electrocast approved
Shyam Sel and Power Limited has merged with Shree Venkateshwara Electrocast. The NCLT sanctioned the merger, effective retroactively from April 01, 2024. This consolidation is expected to streamline operations and reduce compliance costs. The move enhances group synergies in the ferroalloy segment.
📊 STOCKS: $SHYAMMETL | 🏢 SECTOR: Metals | #MEDIUMIMPACT #Merger
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