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Jaypee group firms clear divestment of cement unit to …

Reacting to the news, shares of JPVL were up by more than 2 percent on BSE. "To give thrust to the ongoing efforts of the company to reduce its debt, the Board of Directors, in their meeting held today, decided to divest the company's significant cement business," JAL said.

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Jaypee Group

Jaypee Cement's Madhya Pradesh-based subsidiary Jaybee Bhilai Cement is subject to an on-going shareholder dispute, due to which a court has frozen the …

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Dalmia Bharat Toacquire Jaypee's Cement, Power Biz | Mumbai News

Dalmia Bharat, the country's fourth-largest cement maker, plans to buy Jaiprakash Associates's (JAL's) cement business spread across three Indian states for Rs 5,666 crore, including debt ...

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Adani eyes Jaypee cement assets through IBC

On June 27, UltraTech bought a 19.44 percent stake in India Cements at Rs 267 per share.The Aditya Birla Group company will buy another 3.4 percent stake at up to Rs 285 per share, taking the ...

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Jaypee Cement Corporation: Today Latest News, Photos, Videos …

Dalmia Bharat to acquire cement assets of Jaypee Group at an enterprise value of Rs 5, 666 crore. Mon, Dec 12, 2022. The deal includes a total cement capacity of 9.4 Million tones (MnT) per annum, along with clinker capacity of 6.7 MnT and thermal power plants of 280MW at an enterprise value of Rs 5,666 crore, it added.

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Jaypee to sell cement, power plants to Dalmia for Rs 5,666 cr

"Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat, has entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Limited and its associate having total cement capacity of 9.4 million tonnes (along with clinker capacity of 6.7 …

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Jaypee Cement Corporation | Latest & Breaking News on …

Get all latest & breaking news on Jaypee Cement Corporation. Watch videos, top stories and articles on Jaypee Cement Corporation at moneycontrol.

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Adani to acquire Jaypee cement assets of over 9 mtpa

The Adani Group, India's second-largest cement maker with ACC and Ambuja Cement under its umbrella, is strategising to acquire Jaypee Group's cement assets totaling over 9 million tonnes per annum (mtpa). This development follows the initiation of insolvency and bankruptcy proceedings against Jaiprakash Associates in …

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Jaypee cement assets deal seen as value accretive for UltraTech

India's largest cement manufacturer is set to grow larger as UltraTech Cement, an arm of the Aditya Birla Group, agreed to acquire the entire cement making capacity of the Manoj Gaur-led ...

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Dalmia Bharat expects Jaypee Cement acquisition to …

India: Dalmia Bharat says that it will complete its acquisition of Jaiprakash Associates' cement business, Jaypee Cement, towards the end of the 2024 financial year on 31 March 2024. Informist EquityWire News has reported that the deal is 'taking more time' than expected to conclude. Jaypee Cement's Madhya Pradesh-based subsidiary …

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Jaypee Cement

Jaypee Cement. 15,404 likes · 1 talking about this. The Jaypee Group is one of the largest cement producers in the country with the brand name - Jaypee...

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Jaypee cement assets deal seen as value accretive for UltraTech

A final decision to acquire the 21.2 million tonnes per annum (mtpa) cement making capacity from the debt-laden Jaypee Group was taken late Monday evening …

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bhilai jaypee cement: Latest News & Videos, Photos about bhilai jaypee

Dalmia Bharat's deal to buy Jaypee's cement assets hits a legal hurdle. Dalmia Bharat's acquisition of Jaiprakash Associates' cement assets for ₹5,666 crore is facing a legal hurdle due to a shareholder dispute …

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'Reduce' rating to Ultratech Cement shares: Impact of Jaypee …

In April 2012,JPA had demerged the cement capacities at three locations Wanakbori,Gujarat (2.4 mtpa),Sewagram,Maharashtra (2.4 mtpa) and Jaggayapeta,AP (5.0 mtpa) and transferred them into a wholly owned subsidiary called Jaypee Cement Corporation Ltd (JCCL) for a consideration of R40 bn. Further back in February …

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Jaypee Group: Latest News, Photos, Videos on Jaypee Group …

Find Jaypee Group Latest News, Videos & Pictures on Jaypee Group and see latest updates, news, information from NDTV. Explore more on Jaypee Group.

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UltraTech buys Jaypee Cement's Gujarat unit for Rs 3,800 cr

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 ...

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UltraTech acquires Jaypee Cement unit for Rs. 3,800 cr

UltraTech Cement on Wednesday acquired the Gujarat cement unit of Jaypee Cement Corporation, the third largest in the business, for `3,800 crore. The acquisition will take UltraTech's capacity ...

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

Jaypee Cement has received the green nod for expansion of limestone mining capacity from 3.47 million tonnes per annum to 6 MTPA in Andhra Pradesh, …

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Cement

Contact: (120) 4609000, 2470800, Fax: (120) 4609464, 4609496 Jaypee Group, Sector-128 Noida-201304 Uttar Pradesh India Corporate:[email protected] investors :jal ...

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Dalmia Bharat inks deal to acquire Jaypee Group assets for …

The assets have a total cement capacity of 9.4 million tonnes, clinker capacity of 6.7 million tonnes and thermal power plants of 280 MW. ... New Latest News; Live Market Live; Live Market Gurukul; New CNBC-TV18 Edge; Home. Latest News. Featured. Live TV. CNBC-TV18. ... Home Business News Companies News Dalmia …

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Dalmia Cement to acquire cement assets of Jaypee Group …

Dalmia Cement to acquire cement assets of Jaypee Group for ₹5,666 crore. ... 1,426.32 crore in the said period. Photo: Bloomberg. Dalmia ... Breaking News Events and Latest News Updates on Live ...

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jaypee bhilai cement: Latest News & Videos, Photos about jaypee …

jaypee bhilai cement Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. jaypee bhilai cement Blogs, Comments and Archive News on Economictimes

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Jaypee Cement Ltd

Jaypee Cement Ltd: OldName: Group : Jaiprakash Associates: Address: Corp Office: Sector 128: City: Noida 201304 Gautam Buddha Nagar Uttar Pradesh: Tel: 0120-4609000 / 02 / 2470800: Fax: 0120-4609464: Mktg-Email : [email protected] ... Latest News. Wonder Cement plans new manufacturing plant in Tulsigam;

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Jaypee Group sells cement plants to Ultratech for Rs 15,900 cr

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 Cement | Latest & Breaking News on Jaypee Cement

Jaypee to sell few power, cement assets to cut debt: Report. Jaypee Group is likely to sell equity in two of its hydro power projects and is in discussion with some players.

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Jaypee Cement

Jaypee Cement. 3,182 likes. Jaypee group is the 3rd largest cement producer in the country. The group's cement facilities are located in the Satna Cluster (U.P), which has one of the highest cement...

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Jaypee Group exits cement biz; sells remaining plants to Dalmia Cement

Business News: Updating with details) New Delhi, Dec 12 (PTI) Jaiprakash Associates Ltd (JAL) and its group firms on Monday announced the sale of remaining cement a

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Jaypee Cement Corporation: Latest News, Photos, Videos on …

Find Jaypee Cement Corporation Latest News, Videos & Pictures on Jaypee Cement Corporation and see latest updates, news, information from …

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Aditya Birla Group's UltraTech Cement,Jaypee Cement ink …

"We are targeting to reduce debt by Rs 15,000 crore this fiscal," Gaur said. UltraTech Cement shares rose 1.6 per cent to end at Rs 1,732.60 on the BSE and Jaiprakash Associates Ltd jumped 6.24 per cent to close at Rs 43.40.. After the transaction,the Jaypee Group's cement capacity will come down to 33 million tonnes …

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Gautam Adani closing in on Jaypee's cement business

Jaypee Group has 10.55 mtpa Capacity The board of Jaiprakash Power Ventures has decided to sell its cement grinding unit in Nigrie, Madhya Pradesh. The Jaypee Group currently has an installed cement capacity of 10.55 million tonnes per annum (mtpa). Bloomberg was the first to report on the development, earlier on Monday.

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