Aditya birlas ultratech cement ltd has acquired the cement plant of jaiprakash associates in gujarat for an enterprise value of rs 3,800 crore.Ultratech cement will acquire the gujarat cement unit of jaypee cement corp ltd which comprises of an integrated cement.
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Mumbai the aditya birla group is close to concluding a deal to buy out jaiprakash associates cement plant in gujarat, ending protracted negotiations, which have gone on a for a year.The kumar mangalam birla-controlled conglomerate is likely to pay close to rs 3,500 crore to acquire the 4.8 million tpa unit and an announcement may come as early as next week.
A source in the know of the development said that while aditya birla group is keen on buying jaypee cements gujarat plant, the latter wants the mumbai-based conglomerate take up.
The aditya birla groups ultratech cement will acquire gujarat cement unit of delhi-based jaypee cement for rs 3,800 crore, in a move that will help the latter pare its debt by 15 percent.The valuation, however, fell from rs 4,300 crore earlier following a downturn in the economy and concerns over a mine owned by jaypee, said media reports.
Aditya birla group set to buy jps cement plant in gujarat - the.Aug 28, 2013 mumbai the aditya birla group is close to concluding a deal to buy out jaiprakash associates cement plant in gujarat, ending protracted get price nirma to buy lafarges india cement assets for rs 9,300 crore.
Type cement plant.Annual production 2.10 million tonnes of cement.Owner jafrabad cement works.Shareholders ultratech cement limited aditya birla.
Cement plant at khor in madhya pradesh.Our cement plants at reddipalayam, tamil nadu and at malkhed, karnataka were selected by the central pollution control board cpcb to conduct trials for setting norms for the use of chemical wastes in the cement industry.An initiative that sets the standard for the cement industry as a whole.
Birla corporation currently produces cement at seven locations through its ten manufacturing units with a combined capacity of nearly 15.5 million tons per annum.The production units have been renovated and modernised to ensure that the cement is at par with the best.
Ultratech, the flagship company of the aditya birla group, in september announced it had agreed to buy the gujarat cement-making unit of jaypee cement, a subsidiary of debt-laden jaiprakash.
11 ultratech cement ltd, the aditya birla group company, is acquiring the gujarat cement unit of jaypee cement corporation ltd jccl for an enterprise value of rs 3,800 crore.Jccl is a wholly owned subsidiary of jaiprakash associates ltd.Negotiations dragged on for more than a year before the two sides could hammer out a deal.
Mumbai | new delhi the aditya birla group has revived negotiations to buy out jaiprakash associates cement plants in gujarat and andhra pradesh after irish building materials company crh called off talks with the diversified new delhi-based group.The telecom-to-retail conglomerate is understood to have made an offer of up to 130 per tonne for acquiring the cement.
Making public his personal bias for investing in gujarat, kumarmangalam birla today said the diversified aditya birla group will invest rs 20,000 crore over a period of time in the state to ramp.
Jharsuguda grinding unit.1994-hirmi cement works 1996-gujarat cement works plant i.1998- andhra pradesh cement works-gujarat cement works plant ii.1999- narmada cement company ltd acquired- ratnagiri cement works 2000 bulk cement terminals at mangalore, navi mumbai and colombo.
Aditya birla group to invest rs 20,000 cr in gujarat.Kumar mangalam birla spoke high of the modi government during the summit.
Aditya birla group-owned ultratech cement, has begun talks to purchase an incomplete 6.7-million- tonne cement plant in gujarat owned by abg cement abgcl.Executives of both ultratech cement and abg had three rounds of negotiations.Axis capital, the investment banking arm of axis bank, is advising ultratech on the deal.
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.
A sister organisation of the aditya birla science and technology company, corporate technical and energy services ctes was established in 1990 to provide services across the group for technical problem solving and cost reduction by means of energy conservation, waste heat recovery, optimisation of manpower and material handling systems, improved operational and maintenance practices, water.
2 ultratech cement, indias largest cement maker and part of the aditya birla group, on december 24, 2014, said its board has approved to acquire two cement plants of jaiprakash associates in madhya pradesh for an enterprise value of rs.The transaction, which is subject to due diligence, definitive agreements, and regulatory approvals, will strengthen ultratechs position as the.
Organization study at aditya birla ultratech ltd indian academy degree college, bangalore page 19 2.4 unit introduction ultratech cement ltd.Unit- birla super bulk terminal, doddaballpur, established in 1998, is the first largest bulk terminals under ultratech cement ltd., of aditya birla group.The plant is situated at near railway.
A source in the know of the development said that while aditya birla group is keen on buying jaypee cements gujarat plant, the latter wants the mumbai-based conglomerate take up to 49 percent stake in the entire firm, which also has a 4.8 mtpa cement making facility in andhra pradesh.
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.
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 way of a de-merger.
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The cement division of birla corporation limited has 10 plants at seven locations, satna maihar madhya pradesh, raebareli kundanganj uttar pradesh, chanderia rajasthan, butibori maharashtra and durgapur west bengal.They manufacture varieties of cement like ordinary portland cement opc, 43 53 grades, portland pozzolana cement ppc, fly ash-based ppc, low alkali.