Days after striking a mega deal to sell two of its hydro-power assets to a consortium led by Abu Dhabi''s flagship energy and utilities firm TAQA, Manoj Gaur led Jaypee Group has kick-started discussions to hive off its cement grinding plant based at Panipat, Haryana and Swiss construction giant Holcim is in the race for the asset, two sources privy to the development told ET NOW.
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Shree Cement Ltd has signed a deal to acquire a cement grinding unit of Jaiprakash Associates Ltd located at Panipat in Haryana for Rs 360 crore (around $60 million), as per a stock market disclosure. The plant has a capacity of 1.5 MTPA. The deal is subject to adjustment for any financial indebtedness and net working capital as of the closing
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M/s SHREE CEMENT LIMITED (APRIL 2015 TO MARCH 2016) PART – A 1. Name and address of the Owner / Occupier of the Industry operation or process M/s SHREE CEMENT LIMITED Village: Khukhrana, P.O. Assan kalan, Distt-Panipat (Haryana). Pin Code -132105 2. Industry Category Primary (S.T.C. Code) Secondary (S.T.C. Code) Red Category 3. Production
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Shree Cement Ltd has signed a deal to acquire a cement grinding unit of Jaiprakash Associates Ltd located at Panipat in Haryana for Rs 360 crore (around $60 million), as per a stock market disclosure. The plant has a capacity of 1.5 MTPA. The deal is subject to adjustment for any financial indebtedness and net working capital as of the closing
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Shree Cement. is acquiring. Jaiprakash Associates. '' 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
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Shree Cement. is acquiring. Jaiprakash Associates. '' 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
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