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jaypee group sells cement plants to ultratech for rs

Apr 04, 2016 · ICICI Bank has actively worked with the management of Jaypee to sell its entire cement business and this business is now being sold to the Aditya Birla group, it added. "This sale will further bring down the level of debt in the Jaypee group significantly

jaypee group sells cement plants to ultratech - the hindu

Mar 31, 2016 · In a filing to the BSE, JAL said: “Board today approved the definitive agreement with Ultratech Cement Ltd (UTCL) for sale of part of its cement …

jaypee raises cement business value, birla's ultratech to

UltraTech and Jaiprakash Associates on 31 March, signed an agreement for sale of the latter's cement division, which has a capacity of 21.2 million tonnes in factories located across five states. Last December, UltraTech was keen to snap up the complete cement portfolio of the Jaypee Group for Rs 19,500 crore along with some private equity players

ultratech acquires gujarat unit of jaypee cement | m&a

The Gujarat unit of Jaypee Cement has a 57-MW coal-based power plant with a 30-MW DG (diesel generator) back-up, limestone reserves sufficient to run the plant at current capacity for 90 years and a captive jetty at Sewagram. The valuation of the plant works out to $124 a tonne with the rupee valued at 64 against the dollar

jaypee group | cement

Cement. Jaypee Group's cement facilities are located in the Satna Cluster, M.P. as well as U.P. The cement division of the Group has a rich history of over three decades in producing high quality cement through its state-of-the-art cement plants. The group produces special blend of Portland Pozzolana Cement under the brand names Jaypee Cement

jaypee cement plant sale news chunar - rotary kiln

Jaypee to sell cement plant jaypee cement plants ultratech acquires gujarat unit of jaypee cement jaypee plans to raise rs 2k cr to sell bhilai jaypee cement india business news new delhi aug 31 debtridden jaiprakash associates today said its proposed sale of entire 74 per cent stake in bhilai jaypee cement …

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Looking for cement plant machinery factory direct sale? You can buy factory price cement plant machinery from a great list of reliable China cement plant machinery manufacturers, suppliers, traders or plants verified by a third-party inspector. Source with confidence

cementing a deal:ultratech buys jp cement| m&a critique

India’s largest cement-maker UltraTech Cements Ltd. (UT) had to call off a Rs 5,325 crore deal to buy Jaiprakash Associates Limited’s (JP) two cement plants in Madhya Pradesh (5 MTPA) as the Bombay High Court rejected the scheme of arrangement citing the new MMDR Act as the prime reason

jaiprakash associates -cementindustry news from global

Jun 20, 2019 · Jaiprakash Associates sold six integrated cement plants and five grinding plants to UltraTech Cement for US$2.5bn in 2017. It was reportedly in talks with LafargeHolcim’s subsidiary ACC in mid-2018 to sell its remaining cement business. Published in Global Cement News

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