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May 31, 2017· CK Birla Group firm Orient Cement Ltd on Wednesday said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of ...
Orient Cement, a firm owned by the Chandra Kant Birla group, on Thursday agreed to acquire 74 per cent stake in Bhilai Jaypee Cement and Nigrie cement grinding unit in Madhya Pradesh from Jaypee group companies at an enterprise valuation of Rs 1,950 crore.
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May 31, 2018· NEW DELHI: In a setback to crisis-hit Jaypee group, the CK Birla Group firm Orient Cement has terminated its Rs 1,946-crore deal to acquire Jaiprakash Associates Ltd's (JAL) two firms -- Bhilai Jaypee Cement and Nigrie Cement Grinding Unit. The deal has been terminated as both parties failed to complete the transactions within the stipulated 12 months time, according to regulatory filings.
Orient cement is leading cement manufacturers in India with cement plants located in Devapur, Jalgaon CGU, And Chittapur. ... With addition of a split-grinding unit in Jalgaon (Maharashtra) and an integrated unit in Chittapur (Karnataka), the total capacity is now 8 MTPA. Devapur. Devapur plant is Orient Cement's first integrated cement unit ...
India: Orient Cement is to buy three cement plants from Jaiprakash Associates for US$292m. The cement producer will acquire a 74% stake in Bhilai Jaypee Cement for US$217m from Jaiprakash Associates and the Nigrie cement grinding plant from Jaiprakash Power Ventures for US$75m, according to the Press Trust of India.
India: Emami Cement plans to commission it 2Mt/yr Jaipur grinding plant in Odisha by March 2018. It has spent US$94m on the unit. Once completed the new plant will bring the company's cement production capacity to 6Mt/yr, according to the Press Trust of India. ... Orient Cement signs deal to buy cement plants from Jaiprakash Associates for US ...
India: Orient Cement has cancelled a deal to buy three cement plants from Jaiprakash Associates. The companies signed an agreement in May 2017 to buy a 74% stake in Bhilai Jaypee Cement for US$225m and the acquisition of the Nigrie cement grinding plant in Singrauli, Madhya Pradesh from Jaiprakash Power Ventures for US$77m.
CK Birla Group firm Orient Cement has terminated the agreement to acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of ...
Orient Cement has reached an agreement to buy two cement units from Jaypee in the central and eastern regions of India. Orient will buy a 74 per stake in Bhilai which is a joint venture between Jaiprakash Associates Ltd (JAL) and Steel Authority of India Ltd (SAIL).
India's Wonder Cement is ready to start operations at its 2Mta clinker grinding unit in Dhule, Maharashtra, according to The Hindu. The plant represents .
A business transfer agreement (BTA) was also signed between Orient Cement, Jaiprakash Power Ventures Ltd (JPVL) and JAL, for acquisition of Nigrie Cement Grinding Unit.
Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra. In 2015, Orient Cement started commercial production at its integrated cement plant located at Chittapur, Gulbarga, Karnataka.
May 31, 2018· CK Birla group firm Orient Cement Ltd said on Thursday it has terminated a deal to buy two cement assets from Jaiprakash Associates Ltd. The company had, on 31 May 2017, signed definitive agreements with Jaiprakash to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from a group firm.
Orient Cement To Buy Two Units Of JP Group For Rs 1,950 Crore . ... Madhya Pradesh is a cement grinding unit with a capacity of 2 MTPA and is located very close to the end markets in Bihar ...
Orient Cement to buy Jaypee units. Orient Cement, a CK Birla Group company, is set to acquire two cement units of the Jaypee Group - one in Chhattisgarh and the other in Madhya Pradesh - .
May 31, 2017· Orient Cement to buy 2 cement units from Jaypee for ₹1,946 cr. ... Another agreement was signed for the acquisition of the Nigrie Cement Grinding Unit as .
Orient Cement has agreed to buy 74% stake in Bhilai Cement plant from JP Associates for Rs14.50bn and top corporate news of the day ... Orient Cement will also acquire Nigrie cement grinding unit of JP Power for Rs 500 cr The CK Birla group firm, Orient Cement, Weblink.
Orient Cement Limited ('Orient Cement') today agreed to acquire Nigrie Cement Grinding unit ("Nigrie unit") from Jaiprakash Power Ventures Limited ("JPVL") for an Enterprise Value of INR 500 crores. The Enterprise Value is on a cash-free, debt-free basis and is subject to .
"The divestment is aimed at making the company debt free." . and Nigrie Cement Grinding Unit. Jaiprakash Associates had earlier entered into a binding agreement with Orient Cement, a CK Birla Group firm, to sell its Bhilai Cement and Nigrie Cement Grinding Unit for Rs .
Orient Cement, part of the $1.6 bn CK Birla Group has emerged as the front runner to buy out the majority stake of Manoj Gaur led Jaiprakash Associates in its Weblink Weblink BRIEF-Orient Cement to acquire Nigrie cement grinding unit of Jaiprakash Power Ventures
India's Orient Cement has terminated the agreement to acquire two assets, Bhilai Jaypee Cement Ltd and the Nigrie cement grinding unit, from Jaypee Group firms for a total investment of INR19.46bn (US$288.23m), according to the Hindu Business Line.
Oct 06, 2016· Orient Cement to buy 2 units of JP Group for Rs 1,950 crore. By: ... Madhya Pradesh, is a cement grinding unit with a capacity of 2 MTPA and is located very close to the end markets in Bihar ...
Jan 12, 2018· CK Birla Group firm Orient Cement Ltd is in the process of acquiring two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for Rs 1,946 crore. Orient Cement .
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