birla corporation to buy lafarge s india cement units for rs

Birla Corp-Lafarge India deal for cement units, brands off ...

Feb 02, 2016· The proposed deal by Birla Corporation Ltd to acquire two cement manufacturing units of Lafarge India Private Ltd (combined capacity of around 5.15 million tonnes) along with Lafarge's …

Birla Corp to acquire Lafarge India's cement units for Rs ...

Birla Corporation said it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs. 5,000 crore. Birla Corporation said in a BSE filing said,"It has agreed to a transaction with Lafarge India Private Ltd, whereby Birla Corp, either directly or through its wholly-owned subsidiary, shall ...

aditya birla group cement plants in india

Jun 23, 2020· Aditya Birla Group Cement Plants In India. Aditya Birla Cement Manufacture Plant In West Bengal. Aditya birla cement jobs.Aditya birla cement jobs sort by relevance - date, the company has 11 integrated plants one white cement plant one clinkerisation plant in uae 15 grinding units 11 in india ultratech cement is the countrys, dankuni, west bengal.Aditya birla group.

Sector Thematic Cement - HDFC securities

Sep 22, 2020· COMPANY RATING TP (Rs.) UltraTech Cem BUY 5,110 Shree Cement ADD 20,900 Ambuja Cem BUY 240 ACC BUY 1,660 Ramco Cement ADD 742 Dalmia Bharat BUY 1,055 JK Cement BUY 1,755 Birla Corp BUY 1,191 Heidelberg Cem BUY 234 Star Cement BUY 125 JK Lakshmi BUY 395 Orient Cement BUY 100 Deccan Cement BUY 410 . Rajesh Ravi

Nirma to buy LafargeHolcim's India business for $1.4 ...

Jul 11, 2016· Birla Corporation to buy Lafarge's India cement units for Rs 5,000 cr The sale of assets, including the two cement plants operated by Lafarge India with a combined annual capacity of 5.15 million tons, was part of the agreement.

Birla Corp To Acquire Two Cement Units Of Lafarge India

Aug 17, 2015· Birla Corporation on Monday said it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs 5,000 crore. Birla Corporation said in …

Birla Corp: Latest News, Photos, Videos on Birla Corp ...

Oct 19, 2017· Birla Corp shares surged as much as 12.5 per cent on Monday after it announced the acquisition of two cement units from Lafarge India for an enterprise value of Rs 5,000 crore. Birla Corp …

AZB-TTA-Dhall, CAM, NDA act on competitive $765m Birla buy ...

Aug 17, 2015· Birla Corporation bought the Eastern cement plants of Lafarge for Rs 5,000 crore from Lafarge India following the Competition Commission of India (CCI) order for the French company to divest itself of the units after its Rs $44bn merger with Holcim, reported the Economic Times and others.. Nishith Desai Associates' Nishchal Joshipura and Karan Kalra with Abhinav Harlalka and Tanya …

Birla Corp to buy Lafarge's India cement units for Rs ...

Aug 17, 2015· Birla Corp to buy Lafarge's India cement units for Rs 5,000 cr. Birla said it will acquire the cement business, comprising an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera (Jharkhand), along with Concreto and PSC brands.

Birla Corp to buy Lafarge units - Telegraph India

Aug 18, 2015· Calcutta, Aug. 17: Birla Corporation - the flagship of the MP Birla group - today struck a deal under which it will snap up two cement plants of Lafarge India at an enterprise value of Rs 5,000 crore. This is the first major acquisition by the Lodha-controlled, Calcutta-based company that is looking to consolidate its position in the highly competitive cement industry.

Birla Corp pips global giants to scoop up Lafarge India's ...

Aug 18, 2015· MUMBAI | KOLKATA: Birla Corp agreed to acquire two cement units of Lafarge India that the French company has to sell to conclude its global merger with Holcim, beating several multinational giants and bulge-bracket private equity suitors that were also in the running. Investors applauded the move with Birla Corp surging by 20% to Rs 540.25 on the Bombay Stock Exchange.

Lafarge plans to exit India operations

Jan 06, 2016· Lafarge plans to exit India operations This decision comes after the company's plan to sell its 5.15-mt cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for Rs. 5,000 crore ...

Lafarge scraps deal to sell cement units to Birla Corp ...

Feb 03, 2016· Birla Corporation, flagship firm of the M P Birla Group, today said it will take legal action against Lafarge India over the firm's "inability" to go ahead with the deal to sell its Jojobera and Sonadih cement …

lafarge cement plants in grinding unit sonadih - Marco ...

Birla Corp pips global giants to scoop up Lafarge India's. Aug 18 2015 · Under the deal Birla Corp will acquire an integrated cement unit at Sonadih a cement grinding unit at Jojobera and the Concreto and PSC brands along with the management team The plants have a total cement capacity of 515 million tonnes per annum MTPA with mineral rights over adequate reserves of limestone

Birla Corp to acquire Lafarge's two Indian units for Rs ...

Aug 17, 2015· Birla Corp to acquire Lafarge's two Indian units for Rs. 5000 crore Published: August 17, 2015 Birla Corporation has signed an agreement with French-based Lafarge Group to acquire its Jojobera unit in Jharhkand and Sonadih in Chattisgarh for sum of Rs. 5000 crore.

Press Release Archives - NSE India

February 07, 2001 February 13, 2001 Rs. 0.91 Crores Rs. 0.74 Crores Rs. 0.91 Crores Top Press reports regarding Birla Corporation Limited The press today had reports that B K Birla group has agreed to sell 4 m.t cement unit of Birla Corporation Limited to Grasim Industries Limited.

Birla Corp to acquire Lafarge India's cement units for Rs ...

Aug 17, 2015· Birla Corporation today said it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs. 5,000 crore.

Birla Corp to acquire Jojobera and Sonadih cement ...

Aug 17, 2015· Birla Corp, established in 1919, is part of the MP Birla Group with presence across cement and jute; cement constitutes over 90% of the company's revenues with a total operational cement capacity ...

Birla Corp To Buy Two Lafarge India Cement Units

Birla Corp to acquire Lafarge Indias cement units for Rs. 5000 crore. Birla Corporation said it will acquire two cement units from Lafarge India having a capacity of 5.15 million tonnes per annum for Rs. 5000 crore. Birla Corporation said in a BSE filing said It has agreed to a transaction with Lafarge India Private Ltd whereby Birla .

Birla Corp to buy two Lafarge India cement units | IBEF

Aug 18, 2015· Birla Corp. will acquire Lafarge's Sonadih Cement, a grinding unit in Jojobera, Jharkhand, along with its brands Concreto and PSC. It will also acquire the Sonadih unit in Chhattisgarh. The two units being sold by Lafarge are among the most profitable cement plants in India, generating about Rs.700 crore in pre-tax profits a year even in the ...

MP Birla Cement (Birla Corporation Limited) - Manufacturer ...

Birla Corporation Limited is the flagship Company of the M.P. Birla Group. Incorporated as Birla Jute Manufacturing Company Limited in 1919, it was Late Mr. Madhav Prasad Birla who gave shape to it. As Chairman of the Company, he transformed it from a manufacturer of jute goods to a leading multi-product corporation with widespread activities.

Newar's move High Court against Lafarge-Birla Corp deal ...

Sep 09, 2015· A legal salvo to thwart the Birla Corp and Lafarge deal has been fired. The Birla faction led by MP Birla's sister Laxmi Devi Newar's scions have filed a petition in Calcutta High Court seeking injunction in Birla Corporation's plan to buy Lafarge India's cement units at Jojobera in Jharkhand and Sonadih in Chhattisgarh.

Reversal Of Trend – Birla Corp To Buy Two Units Of Lafarge ...

The stock has hit a high of Rs 540 so far. VALUATION. Lafarge's Concreto brand is the highest and costliest selling brand in Bihar — commanding a premium of around Rs. 17 per bag and Lafarge's Jojobera and Sonadih cement units with the combined capacity of 5.15 mtpa have an Ebitda per tonne in the bracket of Rs 1,600 to Rs 1,800, EBITDA ...

Venture Intelligence

Aug 21, 2015· Birla Corp to acquire two Lafarge cement plants for Rs.5,000-Cr. Legally India Publicly listed Birla Corporation has agreed to acquire Lafarge India's two cement units in the eastern region for an enterprise value of INR 5,000 crore. The deal includes Lafarge's Jojobera plant in Jharkhand and Sonadih in Chhattisgarh which have a total capacity of 5.5 million tons.

Birla Corp buys Lafarge's cement units for Rs 5000cr ...

Aug 17, 2015· Aug 17, 2015, 05:55PM IST Source: . Beating several global giants and bulge bracket private equity suitors, Birla Corporation announced that it has agreed to acquire two cement units of Lafarge ...

Birla Corp to acquire 2 Lafarge units for Rs 5k cr ...

Birla Corporation on Monday said it had agreed to acquire two units of Lafarge India for an enterprise value of Rs 5,000 crore. The entities being acquired are an integrated cement unit at Sonadih (Chhattisgarh) and a cement grinding unit at Jojobera (Jharkhand), along …

Birla Corporation surges as company to acquire Jojobera ...

Aug 17, 2015· Shares of Birla Corporation shot up 20 per cent, heading to their highest level in 7 months, in trade on Monday after the cement maker announced it was going to acquire Jojobera and Sonadih cement businesses from Lafarge India for an enterprise value of Rs 5,000 crore. The stock ended the day 19.27 per cent higher or Rs 87.30 at Rs 540.25. "The company has agreed to a transaction with Lafarge ...

Lafarge India - Cement industry news from Global Cement

Feb 04, 2016· India: Birla Corporation said it will take legal action against Lafarge India over the firm's 'inability' to go ahead with the deal to sell its Jojobera and Sonadih cement plants. In August 2015 both firms signed an agreement, through which Birla Corporation was to acquire Jojobera and Sonadih cement businesses from Lafarge India for US$734m.