https://www.taxtmi.com/news?id=33230 The Board approved a Composite Scheme to merge three subsidiaries into the parent, with an appointed merger date and implementation contingent on regulatory approvals; the Scheme's effect is not reflected in the reported quarterly and nine month financials. Quarterly standalone and consolidated results show reduced sales realization and profitability versus prior periods, with specified volumes, revenue, earnings metrics and leverage ratios. The company details multiple capacity-expansion and infrastructure projects proposed to be funded by term loans and internal accruals, alongside sustainability measures including a higher share of renewable power. en-us Fri, 07 Feb 2025 15:01:06 +0530 Fri, 07 Feb 2025 15:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33230 The Board approved a Composite Scheme to merge three subsidiaries into the parent, with an appointed merger date and implementation contingent on regulatory approvals; the Scheme's effect is not reflected in the reported quarterly and nine month financials. Quarterly standalone and consolidated results show reduced sales realization and profitability versus prior periods, with specified volumes, revenue, earnings metrics and leverage ratios. The company details multiple capacity-expansion and infrastructure projects proposed to be funded by term loans and internal accruals, alongside sustainability measures including a higher share of renewable power. News - Fri, 07 Feb 2025 15:01:06 +0530 https://www.taxtmi.com/news?id=33230