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Jaypee Group sells cement grinding plant for Rs.360 crore

Read more about Jaypee Group sells cement grinding plant for Rs.360 crore on Business Standard. Infrastructure developer Jaypee Group Monday announced the sale of its 1.5 million tonnes capacity per annum cement grinding unit at Panipat for Rs.360 crore.

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Shree Cement to Acquire Jaypee Cement Unit for Rs 360 Crore

Aug 25, 2014· New Delhi: Jaiprakash Associates on Monday said it will sell its cement grinding unit at Panipat to Shree Cement Ltd for Rs 360 crore. At its meeting

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Jaypee sells two MP cement units to UltraTech for Rs 5,400

Dec 23, 2014· In August, a grinding unit in Panipat was sold to Shree Cement for Rs 360 crore. A land parcel of 300 acres along the Yamuna Expressway in Greater Noida

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Jaypee Group sells cement plants to Ultratech for Rs

Mar 31, 2016· Ltd (UTCL) for sale of part of its cement business comprising identified operating cement plants with an aggregate capacity of 17.2 MTPA spread over the states of UP, MP, HP, Uttarakhand and Andhra Pradesh, besides a grinding unit of 4 MTPA capacity, which is currently under implementation in UP." Both the parties have mutually agreed to exclude Shahabad plant in Karnataka from the

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Jaypee raises cement business value, Birla's UltraTech to

Jul 04, 2016· It had sold its stake in the Bokaro cement unit to Dalmia Cement for Rs 667 crore and the Panipat-based grinding unit to Shree Cement for Rs 360 crore. The Group had sold its hydel power projects to JSW Energy for Rs 9,700 crore last year. Shares of the company have lost more than three-fourths of its market value since last January.

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Shree Cement to Acquire Jaypee Cement Unit for Rs 360 Crore

Aug 25, 2014· New Delhi: Jaiprakash Associates on Monday said it will sell its cement grinding unit at Panipat to Shree Cement Ltd for Rs 360 crore. At its meeting

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Shree Cement To Acquire Jaypee Cement Unit For Rs 360 Cr

Aug 26, 2014· Jaiprakash Associates today said it will sell cement grinding Unit at Panipat to Shree Cement Ltd for Rs 360 crore. The Board of Jaiprakash Associates Ltd at its meeting today approved the proposed sale of its 1.5 million tonnes per annum capacity cement grinding unit at Panipat on an ongoing concern basis to Shree Cement Ltd or any of its associates for a total enterprise value of Rs 360

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Jaypee Group sells cement plants to Ultratech for Rs

Mar 31, 2016· Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore Jaiprakash Associates in a filing to the BSE said its board on Friday approved the definitive agreement with Ultratech Cement (UTCL) for sale of part of its cement business.

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Jaypee Group sells part of cement biz to UltraTech for Rs

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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Jaypee Group sells cement plants to Ultratech The Hindu

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

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Jaypee sells cement biz to UltraTech for Rs 16,500 cr

Feb 28, 2016· In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group’s UltraTech Cement, for an enterprise value of Rs 16,500 crore. Under the deal, UltraTech will pay an additional Rs 470 crore for completion of the grinding

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Jaypee plans to raise Rs 2,000 crore, to sell Bhilai

Aug 31, 2017· Bhilai Jaypee Cement owns 1.1 MTPA clinker plant at Satna in MP and 2.2 MTPA cement grinding Unit at Bhilai, Chhattisgarh. Jaiprakash Associates has also sought shareholders nod for an enabling special resolution to raise up to Rs 2,000 crore through issue of

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Jaypee Group’s Rs61,285 crore debt problem

Aug 02, 2015· Last August, a grinding unit in Panipat was sold to Shree Cement Ltd for ₹ 360 crore. Another asset awaiting sale is Jaypee’s 2.1 million tonne Bhilai Cement unit, expected to garner up to

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Deal Anlysis _ Ultratch Cement _jaypee Group.pptx

It had instead en JPA is now planning to sell its residual cement business, with a capacity of 5.5 mtpa, for about Rs 5,200 crore. This deal come In May last year, the Jaypee Group had agreed to sell a part of its central capacity to Orient Cement for Rs 1,946 crore but the

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Orient Cement to acquire 2 units from Jaypee for Rs 1,946

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 Jaypee group firms for a total consideration of Rs

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Debt reduction: Jaypee to finally sell cement biz to

Jul 05, 2016· NEW DELHI: UltraTech Cement, the flagship cement company of Aditya Birla Group, edged out determined rivals and struck a deal to bag the cement assets of Jaypee Group with a last-minute increase in acquisition price on Monday. UltraTech will now pay Rs 16,189 crore to buy Jaypee Group’s cement operations that have a total capacity of 17.2 million tonnes per annum (MTPA)

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Jaypee sells cement biz to UltraTech for Rs 16,500 cr M

Jaypee sells cement biz to UltraTech for Rs 16,500 cr The Jaypee group, which has Rs 60,000 crore of debt on its books, was under pressure from the lenders to repay. UltraTech will take over the debt of the cement company from Jaypee, whose loans would then get reduced by Rs 16,500 crore.

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Jaypee Group sells cement plants to Ultratech for Rs

Mar 31, 2016· Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore 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.

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Jaypee Cement puts ‘for sale’ notice on Himachal plant

Sep 26, 2013· Earlier in the month Jaypee Cement sold a cement plant in Gujarat to the Aditya Birla group’s Ultratech Cement for Rs 3800 Crore. The Jaiprakash Group is also stated to be in advanced negotiations for selling the two hydropower plants to TAQA, the Abu Dhabi government company that has bought assets in many countries.

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Shree Cement To Acquire Jaypee Cement Unit For Rs 360 Cr

Aug 26, 2014· Jaiprakash Associates today said it will sell cement grinding Unit at Panipat to Shree Cement Ltd for Rs 360 crore. The Board of Jaiprakash Associates Ltd at its meeting today approved the proposed sale of its 1.5 million tonnes per annum capacity cement grinding unit at Panipat on an ongoing concern basis to Shree Cement Ltd or any of its associates for a total enterprise value of Rs 360

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Jaypee raises cement business value, Birla's UltraTech to

Jul 04, 2016· It had sold its stake in the Bokaro cement unit to Dalmia Cement for Rs 667 crore and the Panipat-based grinding unit to Shree Cement for Rs 360 crore. The Group had sold its hydel power projects to JSW Energy for Rs 9,700 crore last year. Shares of the company have lost more than three-fourths of its market value since last January.

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Jaypee Group sells cement plants to Ultratech for Rs

Mar 31, 2016· Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore 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.

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Jaypee sells cement plants to UltraTech for Rs 15,900 cr

Apr 01, 2016· Jaypee sells cement plants to UltraTech for Rs 15,900 cr 400 crore transaction with JAL for cement plants in MP. The Aditya Birla group company had

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Debt reduction: Jaypee to finally sell cement biz to

Jul 05, 2016· NEW DELHI: UltraTech Cement, the flagship cement company of Aditya Birla Group, edged out determined rivals and struck a deal to bag the cement assets of Jaypee Group with a last-minute increase in acquisition price on Monday. UltraTech will now pay Rs 16,189 crore to buy Jaypee Group’s cement operations that have a total capacity of 17.2 million tonnes per annum (MTPA)

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ICICI Bank takes over Rs 1,800 crore land in Uttar Pradesh

Feb 23, 2016· JAL sold its cement plants in Gujarat for Rs 3,800 crore and in Madhya Pradesh for Rs 5,400 crore to the Aditya Birla Group’s UltraTech, though this deal has not yet concluded. It sold a 1.5-mt cement grinding unit in Panipat to Shree Cement for Rs 360 crore and a stake in Bokaro cement plant to Dalmia Cement for Rs 670 crore.

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Deal Anlysis _ Ultratch Cement _jaypee Group.pptx

It had instead en JPA is now planning to sell its residual cement business, with a capacity of 5.5 mtpa, for about Rs 5,200 crore. This deal come In May last year, the Jaypee Group had agreed to sell a part of its central capacity to Orient Cement for Rs 1,946 crore but the

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new grinding unit by jaypee 2021 Prominer (Shanghai

Orient Cement to acquire 2 units from Jaypee for Rs 2017-5-31 & 0183; Orient Cement to acquire 2 units from Jaypee for Rs 1,946 cr 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.

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Jaypee Cement puts ‘for sale’ notice on Himachal plant

Sep 26, 2013· Earlier in the month Jaypee Cement sold a cement plant in Gujarat to the Aditya Birla group’s Ultratech Cement for Rs 3800 Crore. The Jaiprakash Group is also stated to be in advanced negotiations for selling the two hydropower plants to TAQA, the Abu Dhabi government company that has bought assets in many countries.

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jp asso plans to pare debt sells cement grinding unit

Jaypee Group sells cement plants to Ultratech for Rs . Mar 31, 2016Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore 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 . Get price

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Radio Metta Jaypee Group sells cement plants to Ultratech

Apr 03, 2016· Saheli April 3, 2016 News Comments Off on Jaypee Group sells cement plants to Ultratech The deal will help JP Associates reduce its debt, which runs into thousands of crores of rupees 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

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jp cement grinfing unit in panipat malaysia

Feb 13, 2021· Jaypee Cement Grinding Unit Panipat Iron Ore Crusher Equipment. Jaypee Cement Grinding Unit Panipat Contact Details. Jaypee sells two MP cement units to UltraTech for Rs 5400 crore Dec 23 2014 In August a grinding unit in Panipat was sold to Shree Cement for Rs 360 crore A land parcel of 300 acres along the Yamuna Expressway in Greater Noida was sold to Gaursons a.

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shree cement to acquire jaiprakash associates cement unit for

jaypee cement grinding unit panipat contact details. Aug 25, 2014 Shree Cement Ltd has signed a deal to acquire a cement grinding unit of Jaiprakash Associates Ltd loed at Panipat in Haryana for Rs 360 crore last year Jaypee Cement had sold off two units with a combined capacity of 48 million tonnes in Gujarat to the Aditya Birla Group's cement.

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Shree Cement to buy JP Associates cement grinding unit for

Aug 26, 2014· ' 1.50 million tonne (mt) cement grinding unit at Panipat in Haryana, for a total consideration of Rs 360 crore. The acquisition is subject to satisfactory completion of due diligence and the cost of acquisition to adjustment for any short term liability and net working capital taken over as on the closing date, the company said in a statement sent across to the stock exchanges on Monday.