Dec 23, debt-laden infrastructure conglomerate jaypee group on tuesday announced a deal to sell two of its cement factories and associated power plants to aditya birla group company ultratech.Dec 24, in september , ultratech purchased two cement plants in gujarat with a capacity of 4.8 mtpa from the manoj gaur-led jaypee group (of which jaiprakash associates is a.
Feb 22, ultratech cement, india’s largest cement maker and part of the aditya birla group, on 24 th dec, said its board has approved to acquire two cement plants of jaiprakash associates in madhya pradesh for an enterprise value of rs. 5,400 crore. the transaction, which is subject to due diligence, definitive agreements and regulatory approvals, will strengthen ultratech’s position as the.Feb 28, aditya birla group firm ultratech announced acquisition of debt-ridden jp group's cement plants for nearly rs 17,000 crore (about usd 2.5 billion), making it.
Feb 28, aditya birla group firm ultratech today announced acquisition of debt-ridden jp group's cement plants for nearly rs 17,000 crore (about usd 2.5 billion), making it.Feb 28, it further said that jaypee group has taken steps to deleverage its balance sheet through sale of two hydropower projects in hp, sale of cement assets in gujarat, jharkhand and haryana, and also sale of wind power assets in gujarat and maharashtra. in january , jp associates had signed an agreement with ultratech to sell two of its mp-based.
Feb 29, ultratech is getting readymade and operating plants, helping it save on the time and costs involved in setting up new cement plants,” said vijay goel, cement analyst at karvy research. “today, given the clearances (chiefly land), it takes over five years to set up a cement plant and the cost is pegged at $140 per.India’s largest cement-maker ultratech cements ltd (ut) had to close a rs 5,325-crore deal to buy two cement plants (5 mtpa) of jaiprakash associates ltd (jp) in madhya pradesh as the bombay high court cited the arrangement giving rejected the plan. the.
Jaiprakash associates, the holding company of jaypee cement, has been bogged down by debt of over rs. 55,000 crore, and has been trying to sell the gujarat plant for more than a.Jun 12, read more about jaiprakash associates announces jccl completes sale of gujarat cement plant on business standard. on 12 june.
Mar 25, jp associates had earlier in september entered into agreement with ultratech to sell its two cement facilities in gujarat with total capacity of.Mar 31, 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.
New delhi: ultratech cement is in final-stage talks to buy jaiprakash associates' 4.8-million-tonne cement plants in gujarat for an enterprise value of rs 4,100 crore, two persons with direct knowledge of the development said.the deal, if consummated, will strengthen the adityabirla group company's grip on the domestic cement market..Sep 11, by devidutta tripathy and aditi shah reuters - jaiprakash associates ltd has agreed to sell its cement plant in gujarat to ultratech cement ltd for around 38 billion rupees including debt. ultratech, the country's largest cement maker by production capacity, will issue shares worth up to 1.5 billion rupees to jaiprakash and assume debts of about 36.50 billion rupees, the.
Sep 11, jaiprakash associates ltd has agreed to sell its cement plant in gujarat to ultratech cement ltd for around rs crore including debt. ultratech, the country's largest cement maker by.Sep 11, jaiprakash, with its subsidiaries, has total debt of 550 billion rupees to 560 billion rupees, he said, speaking after the company said it has agreed to sell its cement plant in gujarat state to.
Sep 11, mumbai: ultratech cement ltd has agreed to buy the gujarat cement-making unit of jaypee cement corp. ltd, a subsidiary of debt-laden jaiprakash associates ltd, for ₹.Sep 11, reuters - jaiprakash associates ltd(nsi:jpassociat) has agreed to sell its cement plant in gujarat to ultratech cement ltd(nsi:ultracemco) for around 38.
Sep 11, shares of jp associates jumped nearly 7 percent intraday on wednesday on news that the company will sell its 4.8 mtpa gujarat cement plant to ultratech.. jp associates was in talks with ultratech.Sep 11, 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.
Sep 12, extending its initial losses, shares of jaiprakash associates today lost nearly 12 per cent, after the aditya birla group company ultratech cement announced the acquisition of jaypee cement corporation's (jccl) gujarat unit for rs 3,800 crore.. the deal was announced post market hours.Sep 12, jaypee associates' rs 3,800 crore deal to sell its gujarat cement units to ultratech is a distress sale. for one, the company has been trying desperately to sell its cement business in order to cut its debt pile of rs 55,000 crore. moreover, the valuation is at a huge discount to the earlier estimates of rs 4,500.
Sep 12, new delhi: industrial conglomerate jaiprakash associates wednesday said it had reached an agreement with ultratech to sell its gujarat cement facility for rs.3,800 crore.according friday, june 12.Sep 12, new delhi: industrial conglomerate jaiprakash associates wednesday said it had reached an agreement with ultratech to sell its gujarat cement.
Sep 12, the deal, to be completed in seven to nine months, will further cement ultratech’s numero uno position in the market and give it an entry into.Sep 12, ultratech cements rallied over 5%, a day after the cement company agreed to buy the gujarat cement plants of delhi-based jaiprakash associates. benchmarks nifty 15,175.30.