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Jaypee Group Sells Cement Plants To Ultratech

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  • Jaypeeultratech Cement Biz Deal Heres What Analysts Are

    Post the deal the jaypee group shall retain an aggregate cement manufacturing capacity of 1060 mtpa with plants spread in the states of madhay pradesh uttar pradesh andhra pradesh and karnataka the group would continue to leverage its expertise in the fields of engineering and construction real estate and project execution in a committed

  • Jaypee Group Sells Cement Plants To Ultratech For Rs

    Mar 31 2016 jaypee group sells cement plants to ultratech for rs 15900 cr mar 31 2016 0759pm ist source debtridden jaiprakash associates jpa announced the part sale of its cement business to the

  • Ultratech To Buy Two Cement Plants From Jaypee For

    Photo pradeep gaurmint ultratech to buy two cement plants from jaypee for rs5400 crore 3 min read updated 24 dec 2014 1218 am ist pr sanjai madhura karnik the cement factories have

  • Jaypee Group Cement

    Cement jaypee group is the 3rd largest cement producer in the country the groups cement facilities are located in the satna cluster mp which has one of the highest cement production growth rates in india the group produces special blend of portland pozzolana cement under the brand name jaypee cement

  • Cement Plant Ultratech

    Jaypee group sells cement plants to ultratech for new delhi debtridden jaiprakash associates today announced the part sale of its cement business to the kumarmangalam birlaled ultratech

  • Jaypee Sells Two Mp Cement Units To Ultratech For Rs 5400

    Dec 23 2014 jaypee sells two mp cement units to ultratech for rs 5400 crore including the ultratech deal the jaypee group has divested assets worth over rs 20000 crore its group

  • Ultratech To Buy Two Cement Plants From Jaypee For

    Photo pradeep gaurmint ultratech to buy two cement plants from jaypee for rs5400 crore 3 min read updated 24 dec 2014 1218 am ist pr sanjai madhura karnik the cement factories have

  • Jaypee Sells Cement Biz To Ultratech For Rs 16500 Cr M

    In one of the biggest transactions in the cement industry the debtladen jaypee group signed a binding agreement on sunday to sell its cement business with a jaypee sells cement biz to ultratech for rs 16500 cr industry cement february

  • Jaypee To Sell Most Of Cement Business To Ultratech In Rs

    Feb 29 2016 the jaypee group is also planning to sell its 1000mw karcham wangtoo and 300mw baspa ii power plants in himachal pradesh jal had signed a deal with ultratech to sell its cement

  • Qbiz Sensex Meltdown Jaypeeultratechs Rs 15000cr Deal

    2 jaypee group sells cement plants to ultratech for rs 15900 cr fe debtridden jaiprakash associates has announced the part sale of its cement business to the kumarmangalam birlaled ultratech

  • Ultratech Acquires Gujarat Unit Of Jaypee Cement Ma

    Ultratech cement an aditya birla group company has acquired the 48million tonne per annum mtpa gujarat unit of jaypee cement corporation for rs 3800 part of the deal ultratech will take over debt of rs 3650 crore it will issue equity worth rs 150 crore with the fresh issue resulting in dilution of no more than 032 per cent of its capital

  • Jaypee Group Cement Industry News From Global Cement

    The private bank alleges that the subsidiary of jaypee group has delayed the petition through adjournments of the process it owes the bank around us185m jaiprakash associates sold six integrated cement plants and five grinding plants to ultratech cement for us25bn in 2017

  • Jaypee Group Sells Cement Biz To Ultratech For Rs 16500

    The jaypee group which has rs 60000 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 16500 crore the enterprise value is far less than the rs 21000 crore expected by the jaypee group until recently

  • Jaypee Group Sells Part Of Cement Biz To Ultratech For Rs

    Mar 31 2016 jaypee group sells part of cement biz to ultratech for rs 15900 cr size of the deal announced last month has been reduced from rs 16500 crore as jaiprakash associates decided not to sell its cement plant in karnataka

  • Jaiprakash Sells Cement Plants To Ultratech For Rs 15900

    Nder the revised deal ultratech will buy 212 mt of cement capacity from jaiprakash jaiprakash associates which was reeling under heavy debt burden has announced the part sale of its cement business to aditya birla groups ultratech for rs 15900 crore in a

  • Jaypee Group Sells Cement Plants To Ultratech For Rs

    Mar 31 2016 jaypee group sells cement plants to ultratech for rs 15900 cr mar 31 2016 0759pm ist source debtridden jaiprakash associates jpa announced the part sale of its cement business to the

  • Jaypee Cement To Sell 51 Stake In Gujarat Unit To Ultratech

    Sep 11 2013 new delhi after a little over a years 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 4000 crore the deal has been finalised ultratech will buy jaypee cement corporations 51 per cent stake in gujarat plant which has an annual capacity of five million tonnes for close to rs 4000

  • Ultratech To Acquire Jaypees Cement Business Indian

    Private equity entity kkr dalmia cement and jsw cement were the other bidders for jaypees cement units ultratech won with the best bid a source said group firm jaiprakash power had also sold two hydropower units a capacity of 1391 mw for rs 9300 crore to jsw energy it is in talks for sale of a 500mw project at bina in madhya pradesh

  • Ultratech Eyes Jaypee Groups Three Cement Plants In

    New delhi aditya birla group firm ultratech cement is believed to be looking at possible acquisition of jaypee groups three cement plants in madhya pradesh in a deal that could be worth about rs 55006000 crore while investment banking sources involved in the talks said that the discussions are currently under way for a possible deal a spokesperson for ultratech declined to comment on

  • Ultratech To Buy Jps Gujarat Cement Plants For Rs 3800

    Sep 12 2013 jaypee group has been trying to sell the plants at 150 per tonne for two years now finally they get to deleverage the groups balance sheet said rajesh kumar ravi cement analyst at karvy ultratechs shares gained 16 per cent before the announcement

  • Jaypee Raises Cement Business Value Birlas Ultratech To

    In another statement ultratech cement said its board of directors in a meeting today in continuation of the pact on march 31 this year approved a scheme of arrangement between the company jaiprakash associates limited jaypee cement corporation limited and their respective shareholders and creditors for acquisition of cement plants for a total capacity of 212 mtpa at an enterprise value

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