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jaiprakash associates cement plant sale

Jaypee Group sells cement plants to Ultratech

Debt-ridden Jaiprakash Associates on Thursday 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 ceme

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Jaypee Group sells cement plants to Ultratech for Rs

Mar 31, 2016· Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore 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 sector.

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Jaiprakash Associates completes Stock Market Updates

Jun 29, 2017· These cement plants were spread over the states of Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh. Proceeds from this deal is expected to help Jaiprakash Associates in reducing its debt by approximately Rs 14,000 crore including the repayment of its loan to its bankers and also part payment to the holders of Foreign Currency Convertible Bonds.

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Jaiprakash Associates saves deal to sell cement plants to

As per the deal, UltraTech will acquire Jaiprakash cement plants in five states with total capacity of 21.2 million tonnes a year, instead of 22.4 million tonnes proposed initially. UltraTech, part of the diversified Aditya Birla Group, will have total cement capacity of 91.1 million tonnes after the deal is completed.

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JP Associates rallies on hopes of sale of cement biz

The stock has rallied over 19 per cent in the past one month following reports that Jaiprakash Associates may sell the plant for about Rs 3,700 crore. Benchmarks Nifty 11,178.40 -122.05

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Jaypee Group sells cement plants to Ultratech for Rs

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

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Jaypee Group sells cement plants to m.economictimes

Apr 04, 2016· NEW DELHI: 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 sector. However, the size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates Ltd (JAL) decided not to sell its cement plant

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UltraTech acquires Jaiprakash Associates' cement plants

Feb 29, 2016· NEW DELHI MUMBAI: India’s largest cement maker UltraTech Cement will acquire Jaiprakash Associates’ cement factories in six states for an enterprise value of Rs 16,500 crore, among the biggest distress sales of assets as India’s banks get proactive on bad loans. Once the deal is completed, the Aditya Birla Group company’s capacity will go up to 90.7 million tonnes per annum

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Jaiprakash sells cement plants to UltraTech for Rs 15,900 cr

nder the revised deal, UltraTech will buy 21.2 MT of cement capacity from Jaiprakash. Jaiprakash Associates, which was reeling under heavy debt burden, has announced the part sale of its cement business to Aditya Birla group’s UltraTech for Rs 15,900 crore in a

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Displaying items by tag: Jaiprakash Associates Global Cement

Jun 20, 2019· 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.

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Jaypee Group sells cement plants to Ultratech for Rs

Mar 31, 2016· Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore 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 sector.

More

Jaypee Group sells cement plants to Ultratech for Rs

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

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JPAssociates rallies 14% on sale of cement business The

NEW DELHI: Jaiprakash Associates rallied by over 14 per cent in morning trade on Friday, after the company announced part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector. At 09:40 am; Jaiprakash Associates was trading 14 per cent higher at Rs 8.72.

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Jaiprakash Associates saves deal to sell cement plants to

As per the deal, UltraTech will acquire Jaiprakash cement plants in five states with total capacity of 21.2 million tonnes a year, instead of 22.4 million tonnes proposed initially. UltraTech, part of the diversified Aditya Birla Group, will have total cement capacity of 91.1 million tonnes after the deal is completed.

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Jaiprakash Associates' shareholders approve sale of cement biz

Debt-laden Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm's cement business to Aditya Birla Group's UltraTech Cement.. Earlier this year, the

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UltraTech to buy Jaiprakash cement plants for $2.4 bln

Feb 28, 2016· UltraTech Cement Ltd, part of the Aditya Birla conglomerate, has agreed to buy Jaiprakash Associates Ltd's cement plants for an enterprise value of

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