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JK Tyre Industries has received approval from its Board of Directors for the merger of its subsidiary, Cavendish Industries, with itself. As part of the merger, JK Tyre will issue 92 shares of its stock for every 100 shares of Cavendish Industries. The merger aims to streamline operations and enhance shareholder value. JK Tyre shares are trading post merger announcement.
Here is how #JKTyre shares are trading post merger announcement with #Cavendish https://t.co/yfcATmRByc
JK Tyre Merger News: Board approves amalgamation of THIS subsidiary https://t.co/2wjZOCFP3K
JK Tyre Industries The company has received approval from its Board of Directors for the merger of its subsidiary, Cavendish Industries, with itself. The company will issue 92 of its shares for every 100 shares of Cavendish Industries.
