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Sep 11, 2013· Jaypee Cement has struck a deal with Aditya Birla Group firm Ultratech to sell 51 per cent stake in the 5 million tonnes per annum (mtpa) Gujarat facility for close to Rs 4,000 crore.
Apr 13, 2019· Type: Cement Plant. Area: Madhya Pradesh. Annual Production: 3.21 million tonnes of cement (2009) Owner: Jaypee Rewa Plant (JRP) Shareholders: Jaypee Cement Corporation (Jaypee Group) Activity Since: 1986 Contact Coordinates: 24.564180,81.175726. Address: Jaypee Nagar PO Jaypee Nagar, Rewa District, 486450 Madhya Pradesh
Oct 06, 2016· Jaiprakash Associates on Monday announced that it will sell 74 per cent stake in Bokaro Jaypee Cement, its joint venture with state-run SAIL, to Dalmia Cement (Bharat) for .
Mar 31, 2016· In a filing to the BSE, JAL said: "Board today approved the definitive agreement with Ultratech Cement Ltd (UTCL) for sale of part of its cement business comprising identified operating cement...
Jul 17, 2018· Jaypee ready to sell cement business to refund homebuyers. Senior advocate Fali S Nariman, counsel for JAL, informed that the Noida-based .
Jun 20, 2013· Jaypee Cement has an annual capacity of 37.3 mt across its 12 plants in the country. According to K. Swaminathan, President, Commercial, Jaypee Group, the company aims to increase its cement ...
Jan 07, 2016· In 2014, JAL had signed an MoU to sell the plant to Shree Cement but the deal did not materialize. A senior banker said JAL has agreed to divest its 74% stake in the joint venture with SAIL as financial pres sure has increased.
Mar 31, 2016· 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 .
Giving update on other proposed transactions, the company said it plans to sell entire 74% stake in Bhilai Jaypee Cement Ltd to Orient Cement Ltd at a total enterprise value of Rs1,450 crore ...
The enterprise value of Jaypee Cement Corp, which houses two plants in Sewagram and Wanakbori-each having a capacity of 2.4 million tonne-includes debt of about Rs 1,800 crore. The deal will help Jaiprakash Associates pare its debt by about Rs 1,800 crore and will also infuse fresh cash of about Rs 1,200 crore in the company.
India: Jaypee Cement is seeking approval from the Ministry of Coal to return two captive coal blocks, which it previously won by auction in 2015. The company has told the ministry that it does not require the coal blocks as it has sold off the attached cement plants, a .
Established in 2000, M. Jaypee Cement Private Limited has an installed cement grinding capacity of 0.31 MTPA. The company has mainly been producing Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC) under the three brands of Apex Cement (OPC-33 grade, 43 grade and 53 grade), Buddha Cement (PPC) and Lumbini Cement (PPC).
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.
Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore However, the size of the deal announced last month has been reduced from Rs 16,500 cr as Jaiprakash Associates decided not to sell its cement plant in Karnataka. 0 Comments
Jaypee Group is an Indian conglomerate based in Noida, India.It was founded by Jaiprakash Gaur which is a diversified infrastructure conglomerate with business interests in Engineering & Construction, Power, Cement, Real Estate, Hospitality, Expressways, IT, Sports & Education (not-for-profit). In November 2017 the Supreme Court of India barred the directors from selling their assets.
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.
After a little over a year's negotiation, Jaypee Cement has struck a deal with Aditya Birla Group firm UltraTech to sell 51 per cent stake in the 5 mtpa Gujarat facility for close to Rs 4,000 crore.. GÇ£The deal has been finalised. UltraTech will buy Jaypee Cement Corporation's 51 per cent stake in Gujarat plant, which has an annual capacity of five million tonnes for close to Rs 4,000 ...
Oct 26, 2015· MUMBAI: Almost eight months after initiating a dialogue, Jaypee Group has revived its negotiations with Sajjan Jindal's JSW to sell its entire 20-22 million tonne cement portfolio in a bid to significantly improve its financial health, three people familiar with the development said.
Cement. Jaypee group is the 3rd largest cement producer in the country. The groups cement facilities are located in the Satna Cluster (M.P.), which has one of the highest cement production growth rates in India. The group produces special blend of Portland Pozzolana Cement under the brand name 'Jaypee Cement.
The Manoj Gaur-promoted Jaypee Group has again fallen back on its cement assets to cut its debt. Group company Jaiprakash Associates is in talks with Aditya Birla Group flagship UltraTech Cement to sell its 2.2-million-tonne cement plant in Bhilai, Chhattisgarh.
On 24 March, Jaiprakash Associates agreed to sell its stake in a cement joint venture in Jharkhand to Dalmia Cement (Bharat) Ltd for about ₹ 690 crore. This put the Jaypee Group in the top slot ...
A wide variety of cement plant in gujarat for sale options are available to you, There are 87 suppliers who sells cement plant in gujarat for sale on Alibaba, mainly located in Asia. The top countries of suppliers are India, China, from which the percentage of cement plant in .
UltraTech will buy Jaypee Cement Corporation's 51 per cent stake in Gujarat plant, which has an annual capacity of five million tonnes for close to Rs 4,000 crore" a Jaypee Group official told PTI.
Mar 31, 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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