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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.
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 .
Feb 28, 2016· The Jaypee Group has taken the decision to sell its cement assets "to effectively address the subject of debt reduction," according to the BSE filing by the company.
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.
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 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 Rs 690 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
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 .
Mar 25, 2014· 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 .
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.
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 ...
Dec 28, 2015· Jaypee has a pan-India cement manufacturing footprint across Himachal Pradesh, Madhya Pradesh, Uttar Pradesh, Himachal Pradesh, Andhra Pradesh, Chhattisgarh and Karnataka. It has already announced the sale of close to 14 million tonnes of capacity to companies such as Dalmia Bharat, Shree Cement and UltraTech.
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.
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).
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.
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, which...
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. The plant is. jaypee cement grinder . Jaypee Cement Grinding Unit,Panipat Haryana -Processing Plant. Jaypee Group Wikipedia, the free encyclopedia The groups cement facilities are ...
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...
Jun 26, 2018· Jaiprakash Associates had earlier entered into a binding agreement with Orient Cement, a CK Birla Group firm, to sell its Bhilai Cement and Nigrie Cement Grinding Unit for Rs 1,946 crore in May 2017. However, the transaction was terminated last month due to delay of more than 12 months in finalising the deal.
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.
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 ...
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
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.
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