Ahluwalia Contracts India Ltd has informed that the Members of the Company, by way of postal ballot, have approved the Ordinary Resolutions, pursuant to Section 293(1)(a) of the Companies Act, 1956 for Sale / Transfer of RMC Division - Undertaking u/s 293(1)(a) of the Companies Act, 1956 to New Company - Ahlcon Ready Mix Concrete Pvt Ltd, Wholly owned subsidiary Company, with requisite majority.
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