Building Materials Equipment - Bhilai jaypee cement plant deal orient - Building materials equipment mainly includes cement production equipment, activated lime production equipment, etc., standardized production processes to ensure the smooth operation of equipment and processes, and ensure the interests of customers.
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May 31 2017Orient Cement to acquire 2 units from Jaypee for Rs 1946 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 1946 crore
Sep 01 2017Giving update on other proposed transactions the pany said it plans to sell entire 74 per cent stake in Bhilai Jaypee Cement Ltd to Orient Cement Ltd at
Jaiprakash Associates has decided to sell its entire 74 per cent stake in Bhilai Jaypee Cement to Orient Cement for INR14500m US2266m while raising another up to INR20000m by issuing securities The transaction is expected to be pleted by 2017end the pany said in a notice to more
Initially the Jaypee Group started as civil engineering contractors Jaiprakash Associates Ltd the flagship pany of the Group is a leader in Construction of river valley and hydropower projects on turnkey basis for more than 4 has participated in the development of 27 of Indias installed hydro power capacity
Calcutta Oct 6 Orient Cement a CK Birla Group pany is set to acquire two cement units of the Jaypee Group one in Chhattisgarh and the other in Madhya Pradesh for Rs 1950 crore In a munication to the bourses Orient Cement said its board had approved the acquisition of a 74 per cent stake in Bhilai Jaypee Cement Ltd BJCL for an enterprise value of Rs 1450 crore subject to
Orient Cement Limited today agreed to acquire Jaiprakash Associates Limiteds 74 stake in Bhilai Jaypee Cement Limited The deals fit into strategic objectives of both the panies and likely to create value not for its shareholders but also other stakeholders like lenders suppliers customers and
Oct 07 2016Orient Concrete a pany owned by the particular Chandra Kant Birla group in Thurs consented to get Seventy four percent spot inside Bhilai Jaypee Bare cement along with Nigrie cement mincing product in Madhya Pradesh from Jaypee group firms with an organization appraisal regarding Urs 1950 crore As the deals would help infamous Jaypee
Bhilai jaypee grinding plant requirements bhilai jaypee grinding plant marthinusencoza Bhilai Jaypee Cement Limited BJCL is a joint venture of Steel Authority of India MTPA will produce clinker and cement plant of capacity 06 MTPA at Babupur village Clinker Plant 109 6stage preheaterPrecalciner kiln and VRMs for Coal and raw material
Orient Cement has moved higher by 15 to Rs 140 on the BSE in intraday trade after the pany announced the termination of an agreement with Jaypee Group panies to acquire Nigrie cement grinding unit and Bhilai Jaypee Cements due to its inability to plete the deal
Dec 06 2019Orient Cement calls off Rs 2000 cr deal to acquire 2 units from Jaypee 31 May 2018 0336PM IST The deal has been terminated as both parties failed to plete the transactions within the stipulated 12 months time according to regulatory filings
May 31 2017 orient cement to acquire 2 units from jaypee for rs 1946 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 oBhilai Jaypee Grinding Plant From Philippines
Jun 26 2018Jaiprakash 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 1946 crore in May 2017 However the transaction was terminated last month due to delay of more than 12 months in finalising the deal
India Orient and JP deal reportedly in final stages 05 April 2017 Orient Cements plan to acquire certain assets of the Jaypee Group is in the final stages and pletion of the deal could be announced shortly according to local media
Oct 11 2016Orient Cement acquired Jaiprakash Associates 21 million tonnes MT cement plant at Bhilai and 2 MT grinding unit at Nigri The enterprise value EV for the Bhilai asset is 98 per tonne and the Nigri unit is 37 per tonne The deal also includes the acquisition of 11 MT of clinker at Babupur Madhya Pradesh
Aug 31 2017Giving update on other proposed transactions the pany said it plans to sell entire 74 stake in Bhilai Jaypee Cement Ltd to Orient Cement Ltd at
Jan 12 2018CK 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 1946 crore Orient Cement
Orient Cement has agreed to buy 74 stake in Bhilai Cement plant from Jaiprakash Associates for Rs 1450 crore The pany is also buying the Nigrie cement grinding unit for Rs 500 crore as per
India Orient Cement is to buy three cement plants from Jaiprakash Associates for US292m The cement producer will acquire a 74 stake in Bhilai Jaypee Cement for US217m from Jaiprakash Associates and the Nigrie cement grinding plant from Jaiprakash Power Ventures for US75m according to the Press Trust of India
Bhilai officially called Bhilai Nagar is a city in the district of Durg Chhattisgarh in eastern central an urban population of 1064222 BhilaiDurg is the second largest urban area after Raipur in the Indian state of is a major industrial city
May 31 2018NEW 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 1946 crore On May 31 last year Orient Cement had signed a share purchase agreement SPA with Jaiprakash Associates Ltd for acquisition of 74 per cent equity shares of Bhilai
The Jaypee group has been selling most of its cement assets to reduce its debt On 29 February 2016 it was reported that Jaypee groups cement assets will be acquired by Ultra tech amounting to 16500 crore US23 billion to laid off the debt making it the largest deal in Indian cement sector
Proposed Transaction 6 On 6th October 2016 Orient Cement agreed to acquire select assets from the Jaypee Group The transaction includes Acquisition of 74 stake in Bhilai Jaypee ement Limited JLo BJCL is a Joint Venture between Jaiprakash Associates Limited JALand Steel Authority of
Indias 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 INR1946bn US28823m according to the Hindu Business Line
India Orient Cement has cancelled a deal to buy three cement plants from Jaiprakash Associates The panies signed an agreement in May 2017 to buy a 74 stake in Bhilai Jaypee Cement for US225m and the acquisition of the Nigrie cement grinding plant in Singrauli Madhya Pradesh from Jaiprakash Power Ventures for US77m
May 31 2018Orient and Jaiprakash had first agreed on the deal in October 2016 Orient was to acquire Jaiprakashs 74 stake in its joint venture with SAIL Bhilai Jaypee Cement Ltd for an enterprise value of Rs 1450 crore
May 31 2018CK 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
On May 31 last year Orient Cement had signed a share purchase agreement SPA with Jaiprakash Associates Ltd JAL for acquisition of 74 per cent equity shares of Bhilai Jaypee Cement Ltd from JAL
Orient Cement said it will acquire Jaiprakash Associates 74 per cent stake in Bhilai Jaypee Cement Ltd BJCL for an enterprise value of Rs 1450 crore which is on a cashfree debtfree basis
Orient Cement has agreed to buy Bhilai Jaypee Cement Ltd BJCL from Jaiprakash Associates Ltd JAL the pany said after its board meeting on Thursday It said that the board gave its consent for acquisition of 289 crore equity shares of Bhilai Jaypee Cement Limited BJCL from JAL and 752 equity shares from of BJCL from the nominee of JAL for Rs 1450 crore13 13 Orient Cement also
May 31 2017Orient Cement Ltd OCL has signed definitive agreementwith the Jaypee group firms for all cash deals which are expected to be pleted
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