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A business transfer agreement (BTA) was also signed between Orient Cement, Jaiprakash Power Ventures Ltd (JPVL) and JAL, for acquisition of Nigrie Cement Grinding Unit.
Oct 07, 2016· Orient to buy Japyee cement assets for R1,950 cr. By: FE ... for an enterprise value of R1,450 crore and Nigrie Cement Grinding unit from Jaiprakash Power Ventures Limited for an enterprise value ...
Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra. In 2015, Orient Cement started commercial production at its integrated cement plant located at Chittapur, Gulbarga, Karnataka.
May 31, 2017· Orient Cement to acquire 2 units from Jaypee for Rs 1,946 crore. CK Birla Group firm Orient Cement Ltd on Wednesday said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore.
Orient Cement Limited ('Orient Cement') today agreed to acquire Nigrie Cement Grinding unit ("Nigrie unit") from Jaiprakash Power Ventures Limited ("JPVL") for an Enterprise Value of INR 500 crores. The Enterprise Value is on a cash-free, debt-free basis and is subject to .
Orient Cement calls off deal to acquire two units from Jaypee. May 31, 2018· NEW DELHI: CK Birla Group firm Orient Cement has terminated the agreement to acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore.
Oct 07, 2016· Orient Cement acquires 2 Jaypee units for Rs 2,000cr. ... is a cement grinding unit with a capacity of 2 million tonnes per annum. ... The transaction will be funded by Orient Cement .
Orient Cement Ltd says it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs1,946 crore
Jan 12, 2018· CK Birla Group firm Orient Cement Ltd is in the process of acquiring two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for Rs 1,946 crore. Orient Cement .
May 31, 2017· Orient Cement to buy 2 cement units from Jaypee for ₹1,946 cr. ... Another agreement was signed for the acquisition of the Nigrie Cement Grinding Unit as .
Calcutta, Oct. 6: Orient Cement, a CK Birla Group company, is set to acquire two cement units of the Jaypee Group - one in Chhattisgarh and the other in Madhya Pradesh - for Rs 1,950 crore. In a communication to the bourses, Orient Cement said its board .
CK Birla Group firm Orient Cement has terminated the agreement to acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of ...
Orient Cement has reached an agreement to buy two cement units from Jaypee in the central and eastern regions of India. Orient will buy a 74 per stake in Bhilai which is a joint venture between Jaiprakash Associates Ltd (JAL) and Steel Authority of India Ltd (SAIL).
In a filing to the exchanges, Orient Cement said that it has signed a definitive agreement to buy 74 per cent stake in Bhilai Jaypee Cement Limited (BJCL) for an enterprise value of Rs1,450 crore and Nigrie Cement Grinding unit from Jaiprakash Power Ventures .
Orient Cement Ltd (OCL) has signed definitive agreements with Bhilai Jaypee Cement and Nigrie Cement Grinding Unit for the transactions that are expected to be completed before March 31, 2018.
India's Orient Cement has terminated the agreement to acquire two assets, Bhilai Jaypee Cement Ltd and the Nigrie cement grinding unit, from Jaypee Group firms for a total investment of INR19.46bn (US$288.23m), according to the Hindu Business Line. Orient Cement had signed a share purchase ...
Oct 06, 2016· Orient Cement to buy 2 units of JP Group for Rs 1,950 crore. By: ... Madhya Pradesh, is a cement grinding unit with a capacity of 2 MTPA and is located very close to the end markets in Bihar ...
May 31, 2017· NEW DELHI: CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore. Orient Cement Ltd (OCL) has signed "definitive agreement" with the Jaypee group firms for all cash deals, which are expected to be completed before March 31, 2018, the .
Orient will also acquire the 2 million tonne per annum (mtpa) Nigrie Cement grinding unit in Madhya Pradesh from another Jaypee Group firm, Jaiprakash Power Ventures Ltd, for Rs500 crore ...
May 31, 2017· CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from .
India: Orient Cement is to buy three cement plants from Jaiprakash Associates for US$292m. The cement producer will acquire a 74% stake in Bhilai Jaypee Cement for US$217m from Jaiprakash Associates and the Nigrie cement grinding plant from Jaiprakash Power Ventures for US$75m, according to the Press Trust of India.
May 31, 2018· CK Birla group firm Orient Cement Ltd said on Thursday it has terminated a deal to buy two cement assets from Jaiprakash Associates Ltd. The company had, on 31 May 2017, signed definitive agreements with Jaiprakash to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from a group firm.
Orient Cement also said that the company will buy Nigrie Cement Grinding unit of Jaiprakash Power Ventures Ltd (JPVL) as a "going concern" for Rs 500 crore. BJCL has a net cement capacity of 2.2 million tonne (MT) and a clinker capacity of 1.1 MT with a .
India: Orient Cement is to buy three cement plants from Jaiprakash Associates for US$292m. The cement producer will acquire a 74% stake in Bhilai Jaypee Cement for US$217m from Jaiprakash Associates and the Nigrie cement grinding plant from Jaiprakash Power Ventures for US$75m, according to the Press Trust of India.
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