jaypee cement plant sale news

jaypee cement plant sale news

Jaypee Group sells cement plants to Ultratech for Rs ...

31-03-2016  Ltd (UTCL) for sale of part of its cement business comprising identified operating cement plants with an aggregate capacity of 17.2 MTPA spread over the states of UP, MP, HP, Uttarakhand and Andhra Pradesh, besides a grinding unit of 4 MTPA capacity, which is currently under implementation in UP." Both the parties have mutually agreed to exclude Shahabad plant

Jaypee Group sells cement plants to Ultratech - The Hindu

31-03-2016  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,

Jaypee Cement Plant Sale News Chunar - Rotary Kiln

Jaypee Group Cement Industry News From Global Cement. India ultratech cements net sales rose by 20 yearonyear to us524bn in its 2019 financial year from us435bn in the 2018 reporting period its profit after tax grew by 10 to us347m from us317m its power and fuel costs increased by 33 to us120bn from us903m the cement producer said that production stabilised at its integrated plant in manavar ...

Jaypee Cement Latest Breaking News on Jaypee

Cement unit sale not shelved; to happen by yr-end: JP Asso. Manoj Gaur of Jaiprakash Associates told CNBC-TV18 that the stake sale plan of their Gujarat's cement arm, Jaypee Cement, had not been ...

Jaypee Group - Cement industry news from Global Cement

20-06-2019  India: UltraTech Cement’s net sales rose by 20% year-on-year to US$5.24bn in its 2019 financial year from US$4.35bn in the 2018 reporting period. Its profit after tax grew by 10% to US$347m from US$317m. Its power and fuel costs increased by 33% to US$1.20bn from US$903m. The cement producer said that production stabilised at its integrated plant in Manavar, Madhya Pradesh, reaching

Jaypee Cement Corporation Ltd: Latest News Videos ...

28-12-2018  Jaypee Cement Corporation Ltd Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Jaypee Cement Corporation Ltd Blogs, Comments and Archive News on Economictimes

Jaypee Group sells cement plants to Ultratech - The Hindu

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

Jaypee Group Sells Cement Plants to Ultratech for Rs ...

Jaypee Group Sells Cement Plants to Ultratech for Rs 15,900 Crore. Debt-ridden Jaypee Group’s cement assets sale with help them reduce debt.

Jaiprakash Associates, Jaypee Cement biz sale to

12-01-2018  As part of the deal, UltraTech will take over JP Associates debt of ₹12,000 crore along with ICICI Bank debt of ₹5,300 crore and get access to operate six integrated cement plants and five ...

jaypee cement plant sale news - komkomkom

Jaypee Group News Latest News and Updates on . Aug 02, 2019Jaypee Group Told to Pay Rs 90-crore for Land on Yamuna Expressway. Last year, the company announced sale of its cement plants with a total capacity of 21.1 million tonnes per annum (MTPA) at an enterprise value of Rs 16,189 crore to the Aditya Birla Group firm Ultratech Cement.

Public litigation threatens Jaypee sale - Cement industry ...

India: The Indian high court in Gujarat has ordered that a US$600m deal to sell the Kutch cement plant from Jaypee Cement to UltraTech Cement will be subject of outcome of a public interest litigation (PIL) filed by local villagers. According to the Times of India, the Kharai panchayat has filed a PIL complaining that the cement company has encroached upon grazing land, water bodies and public ...

Jaypee Cement to sell 51% stake in Gujarat cement plant

India: Jaypee Cement plans to sell a 51% stake in its 5Mt/yr cement plant in Gujarat to Ultratech. The value of the deal has been placed at around US$633m. A Jaypee official described the deal as 'finalised' to the Press Trust of India. Jaypee and Ultratech have been in negotiations over the deal for a year.

Jaypee Group: UltraTech completes acquisition of ...

NEW DELHI: UltraTech Cement has completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, ... Jaypee Cement Corporation and their respective shareholders and creditors," the Aditya Birla Group company said in a statement. It further added, ...

Jaypee Cement: Latest News, Photos, Videos on Jaypee ...

06-10-2016  Find Jaypee Cement Latest News, Videos Pictures on Jaypee Cement and see latest updates, news, information from NDTV.COM. Explore more on Jaypee Cement.

Jaypee Cement: Latest News Videos, Photos about

31-03-2018  Asked government to allocate its blocks to other companies: Jaypee Cement 25 Nov, 2016, 01.48 PM IST. Coal from Mandla South and Majra coal blocks vested was to be utilised for the Balaji cement plant and its two captive power plants and another such power plant at Shahabad.

Cementing a Deal: UltraTech Buys JP Cement MA

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.

Jaypee Group sells cement plants to Ultratech - The Hindu

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

Jaypee raises cement business value, Birla's UltraTech to ...

New Delhi: Faced with lenders invoking the strategic debt restructuring (SDR) option, debt-ridden Jaypee Group on Monday hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya Birla Group firm UltraTech to Rs 16,189 crore. The decision was taken today at the board of directors meeting, convened at a short notice, of the Japyee Group flagship firm Jaiprakash ...

Jaypee Group Sells Cement Plants to Ultratech for Rs ...

Jaypee Group Sells Cement Plants to Ultratech for Rs 15,900 Crore. Debt-ridden Jaypee Group’s cement assets sale with help them reduce debt.

jaypee cement plant sale news - komkomkom

Jaypee Group News Latest News and Updates on . Aug 02, 2019Jaypee Group Told to Pay Rs 90-crore for Land on Yamuna Expressway. Last year, the company announced sale of its cement plants with a total capacity of 21.1 million tonnes per annum (MTPA) at an enterprise value of Rs 16,189 crore to the Aditya Birla Group firm Ultratech Cement.

Ultratech to buy Jaypee's 2 cement plants for ... - Zee

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 5,400 crore.

Public litigation threatens Jaypee sale - Cement industry ...

India: The Indian high court in Gujarat has ordered that a US$600m deal to sell the Kutch cement plant from Jaypee Cement to UltraTech Cement will be subject of outcome of a public interest litigation (PIL) filed by local villagers. According to the Times of India, the Kharai panchayat has filed a PIL complaining that the cement company has encroached upon grazing land, water bodies and public ...

Jaypee Group: UltraTech completes acquisition of ...

NEW DELHI: UltraTech Cement has completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, ... Jaypee Cement Corporation and their respective shareholders and creditors," the Aditya Birla Group company said in a statement. It further added, ...

Jaypee Cement to sell 51% stake in Gujarat cement plant

India: Jaypee Cement plans to sell a 51% stake in its 5Mt/yr cement plant in Gujarat to Ultratech. The value of the deal has been placed at around US$633m. A Jaypee official described the deal as 'finalised' to the Press Trust of India. Jaypee and Ultratech have been in negotiations over the deal for a year.

UltraTech Acquires Gujarat Unit Of Jaypee Cement

UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (mtpa) Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore.As part of the deal, UltraTech will take over debt of Rs 3,650 crore. It will issue equity worth Rs 150 crore, with the fresh issue resulting in dilution of no more than 0.32 per cent of its capital.

Jaiprakash Associates announces JCCL completes sale of ...

(Formerly India Infoline Limited) Quote . Quote; News; Insurance; Mutual Funds; Commodities; NIFTY 7563.55 138.9 SENSEX24870.69 401.12 (29-Jan-16 16:00) 7563.55 138 ...