Jaiprakash Associates Cement Plant Sale

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  • Jaiprakash to sell Gujarat cement unit to UltraTech

    Jaiprakash To Sell Gujarat Cement Unit To Ultratech

    Sep 11, 2013 REUTERS - Jaiprakash Associates LtdNSIJPASSOCIAT has agreed to sell its cement plant in Gujarat to UltraTech Cement LtdNSIULTRACEMCO for around 38 billion rupees including debt.

  • Dalmia Cement to buy Jaiprakash Associates 74 stake in

    Dalmia Cement To Buy Jaiprakash Associates 74 Stake In

    Mar 24, 2014 KKR-backed Dalmia Cement Bharat has struck a deal to buy 74 per cent held by Jaiprakash Associates in its cement joint venture with steel maker SAIL for Rs 690 crore 113 million, as per a stock market disclosure. The total enterprise value of the deal, including debt, is pegged at Rs 1,150 crore.

  • Jaiprakash Associates completes sale of cement unit to

    Jaiprakash Associates Completes Sale Of Cement Unit To

    Jun 29, 2017 These cement plants were spread over the states of Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh. Proceeds from this deal is expected to help Jaiprakash Associates in reducing its debt by approximately Rs 14,000 crore including the repayment of its loan to its bankers and also part payment to the holders of Foreign Currency Convertible Bonds.

  • Jaiprakash Associates to sell Gujarat cement unit to

    Jaiprakash Associates To Sell Gujarat Cement Unit To

    Sep 11, 2013 Jaiprakash Associates Ltd has agreed to sell its cement plant in Gujarat to UltraTech Cement Ltd for around Rs 3800 crore including debt. UltraTech, the countrys largest cement maker by ...

  • Jaiprakash Associates surges nearly 18 on Ultra Tech

    Jaiprakash Associates Surges Nearly 18 On Ultra Tech

    Apr 01, 2016 Mumbai Shares of Jaiprakash Associates zoomed nearly 18 per cent today after debt-ridden Jaypee Group announced part sale of its cement business to Kumarmangalam Birla-led Ultra Tech for Rs 15,900 crore. The stock surged 17.67 per cent to Rs 8.99 on BSE. On NSE, it soared 16.88 per cent to Rs 9. Ultra Tech Cements stock rose 1.17 per cent to Rs 3,264.90 at BSE.

  • Jaiprakash Associates shares soar 18 intraday on cement

    Jaiprakash Associates Shares Soar 18 Intraday On Cement

    Apr 01, 2016 Shares of Jaiprakash Associates surged as much as 17.67 per cent on Friday after the company announced part sale of its cement business to the

  • Jaiprakash Associates Directors Report Jaiprakash Asso

    Jaiprakash Associates Directors Report Jaiprakash Asso

    After consummation of the sale transaction with UTCL on 29 th June 2017, zone-wise operating Cement Capacity and Captive Power Plants in the Cement Division of the Group are as under JAIPRAKASH ...

  • Jaypee Group Press Release

    Jaypee Group Press Release

    Jaiprakash Associates Cement Plant in Gujarat 3. 26 Nov 2009 Jaypee Balaji Cement Project - MoEF clearance for Cement Plant alongwith Captive Power Plant 4. 21 Oct, 2009 Press Release-Q2 H1 FY10 5. 12 Aug 2009 Jaypee Group and LampT sign agreement 6. 31 Jul 2009 Jaiprakash Associates to set up cement plant in Assam 7. 25 Jul 2009 Press ...

  • Jaiprakash Associates to sell Bokaro cement unit to Dalmia

    Jaiprakash Associates To Sell Bokaro Cement Unit To Dalmia

    Mar 25, 2014 Jaiprakash Associates on Monday announced that it will sell 74 per cent stake in Bokaro Jaypee Cement, its joint venture with state-run SAIL, to Dalmia Cement Bharat for Rs 690 crore. The stake ...

  • UltraTech Cement Jaiprakash Associates edge higher

    Ultratech Cement Jaiprakash Associates Edge Higher

    Read more about UltraTech Cement, Jaiprakash Associates edge higher on Business Standard. Shares of UltraTech Cement and Jaiprakash Associates rose 1.28 to 2.61 at 951 IST on BSE after the board of UltraTech Cement approved a proposal for the acquisition of two cement units of Jaiprakash Associates located in Madhya Pradesh.

  • UltraTech to buy Jaiprakash cement plants for 24 bln

    Ultratech To Buy Jaiprakash Cement Plants For 24 Bln

    Feb 28, 2016 UltraTech Cement Ltd, part of the Aditya Birla conglomerate, has agreed to buy Jaiprakash Associates Ltds cement plants for an enterprise value of 165 billion rupees 2.4 billion, the companies ...

  • Cementing a Deal UltraTech Buys JP Cement MampA Critique

    Cementing A Deal Ultratech Buys Jp Cement Mampa Critique

    Indias largest cement-maker UltraTech Cements Ltd. UT had to call off a Rs 5,325 crore deal to buy Jaiprakash Associates Limiteds JP two cement plants in Madhya Pradesh 5 MTPA as the Bombay High Court rejected the scheme of arrangement citing the new MMDR Act as the prime reason.

  • Jaiprakash to sell Gujarat cement unit to UltraTech

    Jaiprakash To Sell Gujarat Cement Unit To Ultratech

    Sep 11, 2013 By Devidutta Tripathy and Aditi Shah REUTERS - Jaiprakash Associates Ltd has agreed to sell its cement plant in Gujarat to UltraTech Cement Ltd for around 38 billion rupees including debt. UltraTech, the countrys largest cement maker by production capacity, will issue shares worth up to 1.5 billion rupees to Jaiprakash and assume debts of about 36.50 billion rupees, the companies said on ...

  • JP Associates gains on buzz of likely sale of cement plants

    Jp Associates Gains On Buzz Of Likely Sale Of Cement Plants

    Apr 23, 2013 Read more about JP Associates gains on buzz of likely sale of cement plants on Business Standard. Jaiprakash Associates rose 1.43 to Rs 78.10 at 1221 IST on BSE on reports UltraTech Cement is in final-stage talks to buy the Jaypee Groups 4.8-million-tonne cement plants in Gujarat for an enterprise value of Rs 4100 crore.

  • Jaypee Cement puts for sale notice on Himachal plant

    Jaypee Cement Puts For Sale Notice On Himachal Plant

    Sep 26, 2013 Shimla Debt ridden Jaiprakash Associates JAL, which has large investments in Himachal Pradesh, has put up its two troubled cement units in the state on selling block, even as it is in advanced negotiations to sell the 1000 MW Karcham Wangtoo and 300 MW Baspa hydro power plants. To reduce its debt the group is reported to have shortlisted selling of the 2 million tom capacity Baga Balag ...

  • India Jaiprakash Associates shareholders agree to sale

    India Jaiprakash Associates Shareholders Agree To Sale

    Oct 25, 2016 Jaiprakash Associates Ltd JAL on Monday said its shareholders have approved the sale of the firms cement business to Aditya Birla Groups UltraTech Cement. Approval from Competition Commission of India CCI has been received and the next step involves seeking approval from the concerned High Court and the final approval from capital markets ...

  • Shree Cement Buys Out Jaypee Cements Panipat Unit

    Shree Cement Buys Out Jaypee Cements Panipat Unit

    Despite last years divestment, Jaiprakash Associates standalone debt was Rs 28,164 crore at the end of FY 2013-14. The companys interest cost almost doubled to Rs 6,094 crore for FY 2013-2014 from Rs 3,134 crore a year earlier. Highlights of the Deal The acquisition is on Slump Sale basis. The capacity of the cement grinding plant is ...

  • Jaiprakash Associates to seek approval for proposed sale

    Jaiprakash Associates To Seek Approval For Proposed Sale

    Apr 23, 2015 Jaiprakash Associates to sell cement units to Ultratech Cement Indian infrastructure major Jaiprakash Associates plans to seek approval from its shareholders and creditors for the proposed sale of its cement units to Ultratech Cement, reports The Economic Times. Pursuant to

  • Jaiprakash Associates Jaypee Cement biz sale to UltraTech

    Jaiprakash Associates Jaypee Cement Biz Sale To Ultratech

    Jun 29, 2017 As part of the deal, UltraTech will take over JP Associates debt of 12,000 crore along with ICICI Bank debt of 5,300 crore and get access to operate six integrated cement plants and five ...

  • Jaiprakash Associates to sell its 74 pct stake in Bokaro

    Jaiprakash Associates To Sell Its 74 Pct Stake In Bokaro

    Mar 25, 2014 Jaiprakash Associates Ltd, the indebted group with consolidated debt of over Rs 60,000 crore on Monday announced the stake sale of its 74 holding in 2.1 mtpa Bokaro cement JV plant with SAIL to

  • Heidelberg to buy Jaiprakash Associates cement unit

    Heidelberg To Buy Jaiprakash Associates Cement Unit

    Jun 22, 2015 Jaiprakash Associates UP cement plant latest in sales series by debt-laden group Heidelberg is in advanced stages of negotiations with JP Associates to buy the 1 million tonne per annum ...

  • Jaypee cement sikandrabad sale in up

    Jaypee Cement Sikandrabad Sale In Up

    Jaiprakash Associates - Cement industry news from Global Cement. Following the sale Jaiprakash Associates, also know as Jaypee Group, will remain the countrys ... Jaiprakash Associates to expand Uttar Pradesh cement plant. More details Get Price

  • Plantbee Blog News Updates on Assets Sale Industrial

    Plantbee Blog News Updates On Assets Sale Industrial

    Jan 12, 2017 In another attempt to reduce debt, Jaiprakash Associates sold a 74 stake in its Bhilai unit for Rs 1,450 crore to CK Birla Group company Orient Cement Ltd. Orient Cement also agreed to acquire a cement grinding unit of Jaiprakash Power Ventures for Rs 500 crore.

  • Jaiprakash Associates to sell Bhilai Jaypee Cement for Rs

    Jaiprakash Associates To Sell Bhilai Jaypee Cement For Rs

    Sep 01, 2017 NEW DELHI In a bid to reduce its debt and fulfill the working capital requirements, Jaiprakash Associates has decided to sell its entire 74 stake in Bhilai Jaypee Cement to Orient Cement for Rs 1,450 crore, while raising another up to Rs 2,000 crore by issuing securities. The stake sale is expected to be completed by 2017-end, the company said in a notice to shareholders for AGM to be held ...

  • COMPETITION COMMISSION OF INDIA Combination

    Competition Commission Of India Combination

    Competition Act, 2002 Act given by UltraTech Cement Limited Ultratech Acquirer. 2. Under the proposed combination, UltraTech proposes to acquire the undertakings of Jaiprakash Associates Limited JAL and its subsidiary Jaypee Cement Corporation Limited JCCL that are engaged in sale of cement

  • Jaiprakash Associates Company History Business Standard

    Jaiprakash Associates Company History Business Standard

    The company was promoted by Jaiprakash Gaur a well known leader in the construction of multi-purpose river valley and hydropower projects. In the year 2000 Jaypee Rewa Cement Plant and Jaypee Bela Cement Plant were merged. In April 1 2002 the cement division of Jaiprakash Industries Ltd was hived off and merged with the company. The name of the ...

  • Cement Plant Latest News Photos Videos on Cement Plant

    Cement Plant Latest News Photos Videos On Cement Plant

    Feb 19, 2021 Shares of Jaiprakash Associates J P Associates rallied as much as 16 per cent to hit intraday high of Rs 8.87 after UltraTech Cement agreed to buy Jaiprakash Associates cement plants for

  • Jaiprakash Associates gains on buzz of mulling cement

    Jaiprakash Associates Gains On Buzz Of Mulling Cement

    Aug 28, 2013 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 1506 IST on BSE on reports UltraTech Cement is close to buying the companys Gujarat cement plant for about Rs 3700 crore.

  • Jaiprakash Associates Cement industry news from Global

    Jaiprakash Associates Cement Industry News From Global

    May 05, 2021 Jaiprakash Associates sold six integrated cement plants and five grinding plants to UltraTech Cement for US2.5bn in 2017. It was reportedly in talks with LafargeHolcims subsidiary ACC in mid-2018 to sell its remaining cement business. Published in Global Cement News

  • Jaiprakash Associates Cement industry news from Global

    Jaiprakash Associates Cement Industry News From Global

    Oct 26, 2016 Earlier in 2016, Jaiprakash Associates agreed a deal to sell cement plants in five states to UltraTech Cement for US2.4bn. Once the deal concludes Jaiprakash Associates will be left with a cement production capacity of 10.6Mtyr in Madhya Pradesh, Uttar Pradesh, Andhra Pradesh and Karnataka.

  • Jaiprakash Associates Cement industry news from Global

    Jaiprakash Associates Cement Industry News From Global

    Apr 01, 2016 UltraTech will now acquire Jaiprakash Associates cement plants in five states with total capacity of 21.2Mtyr. Jaiprakash Associates will retain a cement capacity of 10.6Mtyr. A Memorandum of Understanding signed in February 2016 agreed the terms of the sale.

  • Jaypee Cement puts for sale notice on Himachal plant

    Jaypee Cement Puts For Sale Notice On Himachal Plant

    Sep 26, 2013 Jaypee Cement puts for sale notice on Himachal plant by Ravinder Makhaik Shimla Debt ridden Jaiprakash Associates JAL, which has large investments in Himachal Pradesh, has put up its two troubled cement units in the state on selling block, even as it is in advanced negotiations to sell the 1000 MW Karcham Wangtoo and 300 MW Baspa hydro power plants.

  • sale of cement plant in india

    Sale Of Cement Plant In India

    UltraTech acquires Jaiprakash Associates cement plants ... 28.02.2016 cement factories in six states for an enterprise value of Rs 16,500 crore, among the biggest distress sales of assets as Indias banks get proactive on bad loans.

  • Jaiprakash Associates Company History Business Standard

    Jaiprakash Associates Company History Business Standard

    The said transaction was consummated on 12th June 2014.Further in 2014 the Company signed an agreement on 24th March 2014 with Dalmia Cement Bharat Ltd. for sale of its entire 74 stake 98901000 Equity Shares owned by it in Bokaro Jaypee Cement Limited a Joint Venture between the Company JAL and Steel Authority of India Limited SAIL having a Plant with an operating capacity of 2.10 MTPA at a