Mar 31, 2016 Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement ...
Aditya Birla group firm UltraTech Cement announces that the RBI has increase the limit of foreign portfolio investment (FPI) in the company to 40%: 23 Feb 2018 : Utratech Cement is leading the race to take over Binani Cement by offering around Rs6200 crore and a 20% stake in the Binani to unsecured financial creditors as per media reports. 11 ...
Nov 07, 2011 Ultratech to buy Jaypee's 2 cement plants for Rs 5400 crore. In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants from Jaiprakash Associates (JAL) in Madhya Pradesh for an enterprise value of Rs …
The roots of the Aditya Birla Group can be traced back to 1857 in the tiny village of Pilani, Rajasthan, when Seth Shiv Narayan Birla ventured into cotton trading. Today, with operations across 36 countries, and revenues of US$46 billion, the Group is a leading player in aluminium, cement manufacturing, viscose staple fibre, carbon black, chemicals, copper, financial services, telecom, branded ...
Dec 24, 2014 Birla’s UltraTech buys JP’s cement plants for RS 17,000 cr. February 29, 2016 12:38 am. In a transaction that will take its cement portfolio to nearly 91 million tonne, UltraTech Cement will acquire 22.4 mt of assets from Jaiprakash Associates.
In 2014, Cement Plants in Gujarat with a capacity of 4.80 MTPA were demerged by Jaypee Cement Corporation Limited (JCCL), a wholly owned subsidiary of the Company through a Scheme of Arrangement to UltraTech Cement Limited, a company of Aditya Birla Group, at an enterprise value of Rs.3800 Crore besides the actual net working Capital.
As per the plan, L&T divested its cement business in favour of the Aditya Birla Group. Recently, L&T also divested its ready-mix concrete business in favour of Lafarge SA. “The second five-year plan gets over by March 31, 2010. As per the plan, our target was to reach a business volume of Rs …
Jaypee Bela Plant & Jaypee Sidhi Cement Plant in Madhya Pradesh with a capacity of 4.90 MTPA are under the process of hive off to UltraTech Cement Limited. . 6.3 HOTELS DIVISION
The Aditya Birla Group: In Perspective The Aditya Birla Group in many ways is a proxy for a Rising India, given the diversified nature of our businesses. ... Aditya Cement Works; UltraTech Cement ...
The promise of change in working business model and debt reduction were affirmed by the company, fortnight ago. Since you're on a long run. Let's take a look, Market cap is 37.46B, Stock qualifies but, but don't forget the debt, too high , straddl...
SBU : Aditya Birla Minacs Worldwide Ltd. Company : Aditya Birla Nuvo Unit Sector : IT Products: IT-ITes services Growth of the IT industry : 28% - Rs 4,19,629cr. in 2011-12 from Rs. 2,47,808cr. in 2010-11 Fiscal Year 2011-12 Revenue of the SBU : Rs. 2082 cr. Fiscal Year 2012-12 Revenue of the IT industry : Rs. 4,19,629 cr. Market Share : 0.49% ...
Sep 11, 2013 UltraTech Cement acquires Jaypee Cement unit for Rs 3,800 cr. Aditya Birla Group firm UltraTech Cement Ltd Wednesday said it will acquire Gujarat Cement unit of Jaypee Cement Corp Ltd for Rs 3,800 crore.
UltraTech Cement taking the lead . U ltraTech Cement certainly took the lead in the Indian cement industry by acquiring Jaypee Cement Corporation's Gujarat Cement unit for Rs 3,800 crore, in September 2013.. As per the deal, Aditya Birla Group’s UltraTech will take over the Rs 3,650 crore loan of Jaypee's Gujarat unit and additionally will issue Rs 150 crore worth shares to Jaiprakash ...
UltraTech Cement, part of the Aditya Birla Group, on Monday agreed to buy Jaiprakash Associates’ 17.2 million tonnes per annum (mtpa) cement capacity for an enterprise value of Rs 16,189 crore. The deal was revised upwards from Rs 15,900 crore that was agreed on March 31.
? An Aditya Birla Group & Vodafone Group partnership ... in India through its subsidiaries UltraTech Cement and Aditya Birla Capital ... India’s first billion-dollar pure-play fashion powerhouse with revenue of Rs. 8,788 cr. and an
Sep 11, 2013 UltraTech Cement, a part of the Aditya Birla group, said on Wednesday that it would acquire the 4.8 million-tonne Gujarat unit of Jaypee Cement Corporation Ltd. (JCCL) by …
Feb 26, 2016 Kumar Mangalam Birla-led UltraTech has called off a Rs.5400-crore deal to buy Jaypee Group’s 2.1 mtpa cement plant in Madhya Pradesh as new …
The Aditya Birla Group: In Perspective The Aditya Birla Group in many ways is a proxy for a Rising India, given the diversified nature of our businesses. ... Aditya Cement Works; UltraTech Cement ...
In 2014, Cement Plants in Gujarat with a capacity of 4.80 MTPA were demerged by Jaypee Cement Corporation Limited (JCCL), a wholly owned subsidiary of the Company, through a Scheme of Arrangement to UltraTech Cement Limited, a company of Aditya Birla Group, at an enterprise value of Rs. 3,800 Crore besides the actual net working Capital.
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