jaiprakash associates cement plant sale

jaiprakash associates cement plant sale

  • Jaiprakash Associates - Cement industry news from Global ...

    2019-08-08  Jaiprakash Associates sold six integrated cement plants and five grinding plants to UltraTech Cement for US$2.5bn in 2017. It was reportedly in talks with LafargeHolcim’s subsidiary ACC in mid-2018 to sell its remaining cement business. Published in Global Cement News

  • Jaiprakash Associates Cement Plant Sale Jaypee Plans To ...

    Jaiprakash Associates Cement Plant Sale. Jaypee Plans To Raise Rs2000 Crore To Sell Bhilai Jaypee, Aug 31 2017 new delhi debtridden jaiprakash associates on thursday said its proposed sale of entire 74 stake in bhilai jaypee cement ltd for an enterprise value of Jaiprakash Associates Cement Plant Sale. Jaypee Plans To Raise Rs2000 Crore To Sell Bhilai Jaypee . Whatever your

  • Jaypee Group sells cement plants to Ultratech for Rs ...

    2016-03-31  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. However, the size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates decided not to sell its cement plant in Karnataka.

  • Jaiprakash Associates completes sale of cement unit to ...

    2017-06-29  Jaiprakash Associates finishes sale of cement unit to Ultratech Cement ... Post this deal, Jaypee Group will retain a total of 10.60 MTPA capacity cement plants spread in the states of Madhya Pradesh, UP, Andhra Pradesh and Karnataka. Last year, Ultratech Cement agreed to buy JP Associates’ 17.2 million tonne cement units for Rs 16,189 crore and a 4-million tonne grinding unit

  • Jaiprakash Associates rallies nearly 4% on reports of ...

    Jaiprakash Associates Ltd rallied on Wednesday, after media reports highlighted that Ultratech Cement is looking at possible acquisition of Jaypee Group's three cement plants.

  • Jaiprakash Associates to exit Bokaro Jaypee Cement - The Hindu

    Jaiprakash Associates (JAL) on Monday said that its board had approved signing an agreement with Dalmia Cement (Bharat) to sell its 74 per cent stake in Bokaro Jaypee Cement for Rs.690 crore.

  • Jaiprakash sells cement plants to UltraTech for Rs 15,900 ...

    2016-03-31  nder the revised deal, UltraTech will buy 21.2 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 group’s UltraTech for Rs

  • Jaypee Group sells cement plants to Ultratech - The Hindu

    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 the biggest consolidation in the...

  • Jaypee Group - Cement industry news from Global Cement

    Jaypee Group is the India's third largest cement maker with an installed capacity of 33.5Mt/yr. Jaiprakash Associates, the flagship company of the group, holds the majority of the cement business. However, operations in Gujarat and Andhra Pradesh, which have a total capacity of 9.8Mt/yr, are run by Jaypee Cement, which was hived off six months ago for monetising the asset. UltraTech Cement is ...

  • JPAssociates rallies 14% on sale of cement business - The ...

    The size of the deal announced last month has been reduced from Rs 16,500 crore as JAL decided not to sell its cement plant in Karnataka with a capacity of 1.2 MTPA. SECTIONS. ENGLISH. हिन्दी ગુજરાતી. ET APPS. ET Android App ET iPhone App ET iPad App ET Wealth Android App ET Blackberry App ET Markets Android App ET Markets iPhone App ET Money Android App. ET PRIME.

  • Jaiprakash Associates completes sale of cement unit to ...

    2017-06-29  Jaiprakash Associates finishes sale of cement unit to Ultratech Cement ... Post this deal, Jaypee Group will retain a total of 10.60 MTPA capacity cement plants spread in the states of Madhya Pradesh, UP, Andhra Pradesh and Karnataka. Last year, Ultratech Cement agreed to buy JP Associates’ 17.2 million tonne cement units for Rs 16,189 crore and a 4

  • Jaiprakash Associates - Cement industry news from Global ...

    India: According to the Financial Express, Jaiprakash Associates is close to selling its 1Mt/yr capacity cement plant at Sikandarabad, Uttar Pradesh to HeidelbergCement for around US$78.6m. If the deal materialises, it would be the fifth cement asset sale by Jaiprakash Associates in little over a year. The group is looking to sell assets, including cement and power plants

  • Jaiprakash Associates gains on buzz of mulling cement ...

    Read more about Jaiprakash Associates gains on buzz of mulling cement plant sale on Business Standard. Jaiprakash Associates surged 4.61% to Rs 34.05 at 15:06 IST on BSE on reports UltraTech Cement is close to buying the company's Gujarat cement plant

  • Jaiprakash Associates to exit Bokaro Jaypee Cement - The Hindu

    Jaiprakash Associates (JAL) on Monday said that its board had approved signing an agreement with Dalmia Cement (Bharat) to sell its 74 per cent stake in Bokaro Jaypee Cement

  • Jaiprakash Associates saves deal to sell cement plants to ...

    As per the deal, UltraTech will acquire Jaiprakash cement plants in five states with total capacity of 21.2 million tonnes a year, instead of 22.4 million tonnes proposed initially. UltraTech, part of the diversified Aditya Birla Group, will have total cement capacity of 91.1 million tonnes after the deal is completed. Jaiprakash Associates will retain a cement capacity of 10.6 million tonnes.

  • JPAssociates rallies 14% on sale of cement business - The ...

    The size of the deal announced last month has been reduced from Rs 16,500 crore as JAL decided not to sell its cement plant in Karnataka with a capacity of 1.2 MTPA. SECTIONS. ENGLISH. हिन्दी ગુજરાતી. ET APPS. ET Android App ET iPhone App ET iPad App ET Wealth Android App ET Blackberry App ET Markets Android App ET Markets iPhone App ET

  • Jaypee Group sells cement plants to Ultratech for Rs ...

    2016-03-31  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 in Karnataka with a capacity of 1.2...

  • UltraTech acquires Jaiprakash Associates' cement plants ...

    2016-02-29  NEW DELHI MUMBAI: India’s largest cement maker UltraTech Cement will acquire Jaiprakash Associates ’ cement factories in six states for an enterprise value of Rs 16,500 crore, among the biggest distress sales of assets as India’s banks get proactive on bad loans.

  • Jaiprakash Power approves sale of Bina power plant to JSW ...

    In March, Jaiprakash Associates agreed to sell its entire cement division of 21.2 million tonnes to Ultratech Cement Ltd, which will fetch the company an enterprise value of ₹ 16,189 crore in a...

  • Heavy Engineering Workshop (Unit Of Jaiprakash Associates ...

    Heavy Engineering Workshop (H.E.W.) was established in the year 2002, as a manufacturing arm of Jaiprakash Associates Limited (JAL), which is a conglomerate of various industries enterprises.Since then it has forayed into the manufacturing of Equipment structures with quality standards of International class and determination to achieve delivery as per customers’

  • Jaiprakash Associates gains on buzz of mulling cement ...

    Read more about Jaiprakash Associates gains on buzz of mulling cement plant sale on Business Standard. Jaiprakash Associates surged 4.61% to Rs 34.05 at 15:06 IST on BSE on reports UltraTech Cement is close to buying the company's Gujarat cement plant for about Rs 3700 crore.

  • Jaiprakash Associates: JP Associates rallies on hopes of ...

    The stock has rallied over 19 per cent in the past one month following reports that Jaiprakash Associates may sell the plant for about Rs 3,700 crore. The stock has rallied over 19 per cent in the past one month following reports that Jaiprakash Associates may sell the plant for about Rs 3,700 crore. Benchmarks . Nifty 11,178.40-122.05. NSE Gainer-Large Cap . Lupin 1,018.20 87.7. FEATURED ...

  • Heidelberg to buy Jaiprakash Associates’ cement unit - The ...

    2015-06-22  Jaiprakash Associates' UP cement plant latest in sales series by debt-laden group Heidelberg is in advanced stages of negotiations with JP Associates to

  • Jaiprakash Associates to exit Bokaro Jaypee Cement - The Hindu

    2014-03-24  Jaiprakash Associates (JAL) on Monday said that its board had approved signing an agreement with Dalmia Cement (Bharat) to sell its 74 per cent stake in Bokaro Jaypee Cement

  • Cement News tagged : Jaiprakash Associates Ltd - Page 1 of 1

    India: delayed asset sale could help Jaiprakash Associates 23 August 2013, Published under Cement News To overturn its spiralling debts, Jaiprakash Associates (JA) has been actively seeking to sell off its 4.8Mta cement plant in Gujarat. The release of such assets is seen as a necessity to aid the company's profitability and its stock rating ...

  • JP Associates sheds NPA tag with cement biz sale

    2017-06-30  The company's cement plant at Shahabad in Karnataka was excluded from the deal. Post the deal, JP Group will retain 10.60 million-tonne-per-annum capacity cement plants spread in states of Madya Pradesh, UP, Andhra Pradesh and Karnataka. Jaiprakash Associates owes the bank consortium an amount of Rs 60,000 crore.

  • Jaypee plans to raise Rs2,000 crore, to sell Bhilai Jaypee ...

    New Delhi: Debt-ridden Jaiprakash Associates on Thursday said its proposed sale of entire 74% stake in Bhilai Jaypee Cement Ltd for an enterprise value of Rs1,450 crore is expected to be concluded ...

  • Regarding Sale Of Jp Baghwar Cement Plants To Ultratech Cement

    Regarding Sale Of Jp Baghwar Cement Plants To Ultratech Cement. Regarding Sale Of Jp Baghwar Cement Plants To Ultratech Cement. After acquiring jaiprakash associates two cement plants in madhya pradesh aditya birla group is keen to buy the formers bhilai cement facility too the groups cement arm ultratech is in talks.get price

  • JP Associates reopens new-look Chunar cement factory

    Manoj Gaur, executive chairman of JP Associates, inaugurated the modernised factory here, about 50 km from Varanasi. JP Associates had acquired the erstwhile state-run facility in 2005 after the Allahabad High Court invited bids for sale of the plant and other assets of the UP State Cement Corporation Ltd through a global tender.

  • Heavy Engineering Workshop (Unit Of Jaiprakash Associates ...

    Heavy Engineering Workshop (H.E.W.) was established in the year 2002, as a manufacturing arm of Jaiprakash Associates Limited (JAL), which is a conglomerate of various industries enterprises.Since then it has forayed into the manufacturing of Equipment structures with quality standards of International class and determination to achieve delivery as per customers’ requirement.

  • Jaiprakash Associates to exit Bokaro Jaypee Cement - The Hindu

    2014-03-24  Jaiprakash Associates (JAL) on Monday said that its board had approved signing an agreement with Dalmia Cement (Bharat) to sell its 74 per cent stake in Bokaro Jaypee Cement

  • Jaiprakash Associates gains on buzz of mulling cement ...

    Read more about Jaiprakash Associates gains on buzz of mulling cement plant sale on Business Standard. Jaiprakash Associates surged 4.61% to Rs 34.05 at 15:06 IST on BSE on reports UltraTech Cement is close to buying the company's Gujarat cement plant for about Rs 3700 crore.

  • Jaiprakash Associates' shareholders approve sale of cement biz

    Debt-laden Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm's cement business to Aditya Birla Group's UltraTech Cement.. Earlier this year, the ...

  • Jaiprakash Associates announces JCCL completes sale of ...

    Read more about Jaiprakash Associates announces JCCL completes sale of Gujarat cement plant on Business Standard. On 12 June 2014

  • JP Associates sheds NPA tag with cement biz sale

    2017-06-30  Cement major Jaiprakash Associates concluded formalities for the biggest sale in the cement sector by selling off six integrated cement plants and five grinding units of Jaypee Cement with a total capacity of 21.2 million tonne to Aditya Birla-promoted UltraTech.

  • Jaiprakash to sell Jaypee Bhilai plant stake to Shree Cement

    2016-01-07  Jaiprakash Associate is finding it difficult to service its debt due to various reasons, including a slowdown in the economy and some of its projects falling on the revenue front. In 2014, JAL had signed an MoU to sell the plant to Shree Cement but the deal did not materialize.

  • UltraTech completes acquisition of Jaiprakash group cement biz

    2017-06-29  New Delhi, Jun 29 (PTI) UltraTech Cement has completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants

  • Jaiprakash Associates Far From A Turnaround Despite Asset ...

    Debt-ridden Jaiprakash Associates Ltd. plans to, according to a news report, sell its residual cement business after asset sales helped the infrastructure company reduce its debt by more than half in the last four years. But it’s yet to turn profitable and may not be able to repay all its loans even after selling its remaining assets.

  • Heavy Engineering Workshop (Unit Of Jaiprakash Associates ...

    Heavy Engineering Workshop (H.E.W.) was established in the year 2002, as a manufacturing arm of Jaiprakash Associates Limited (JAL), which is a conglomerate of various industries enterprises.Since then it has forayed into the manufacturing of Equipment structures with quality standards of International class and determination to achieve delivery as per customers’ requirement.

  • Jayprakash Associates to sell 74% in Bokaro cement JV to ...

    The board of Jaiprakash Associates has approved signing of the share-purchase agreement with Dalmia Cement for selling its 74% stake in Bokaro Jaypee Cement Ltd, a joint venture with Steel...