[VMS TMT board approves amalgamation with Aditya Ultra Steel]

Published: Jul 2, 2026 17:13

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The Board of Directors of VMS TMT Limited has approved a Scheme of Amalgamation to merge Aditya Ultra Steel Limited into the company, subject to necessary statutory and regulatory approvals. Both Gujarat-based manufacturers produce premium-quality thermo-mechanically treated (TMT) steel bars within the Kamdhenu brand ecosystem. This proposed amalgamation will combine their businesses into a single listed entity, forming a larger steel manufacturing enterprise with expanded scale and integrated operations.

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