Corporate Announcement
Security Code : 530005    Company : INDIACEM    
 
Proposal for Demerger of Chennai Super Kings (CSK) Division 
  Exchange Disseminated Time     
India Cements Ltd has informed BSE that:

"Our Company presently owns Chennai Super Kings (CSK) - BCCI-IPL Franchise 20/20 Cricket Tournament Team. We propose to demerge the said CSK Division to a wholly-owned subsidiary of our Company. Accordingly, we have included this proposal for consideration of the Board of Directors of our Company at the ensuing meeting on September 26, 2014."
 

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