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jaypee to sell cement plant

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

Mar 31, 2016  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 million tonnes per annum (MTPA). In a filing to the BSE, JAL said: "Board today approved the definitive agreement with

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Jaypee sells two cement units to UltraTech for Rs 5,400 cr ...

Dec 23, 2014  Debt-laden infrastructure conglomerate Jaypee Group on Tuesday announced a deal to sell two of its cement factories and associated power plants to

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

Mar 31, 2016  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

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Jaypee Group sells cement plants to Ultratech - The Hindu

Mar 31, 2016  Jaypee Group sells cement plants to Ultratech. Debt-ridden Jaiprakash Associates on Thursday announced the part sale of its cement business

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Jaypee sells cement biz to UltraTech for Rs 16,500 cr ...

Feb 28, 2016  In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group’s UltraTech Cement, for an enterprise value of Rs 16,500 crore. Under the deal, UltraTech will pay an additional Rs 470 crore for completion of the grinding ...

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Jaypee sells cement plants to UltraTech for Rs 15,900 cr ...

Apr 01, 2016  Jaypee sells cement plants to UltraTech for Rs 15,900 cr. ... “Jaypee Group in consultation with ICICI Bank has been selling various assets in its cement

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Jaypee plans to raise Rs 2,000 crore, to sell Bhilai ...

Aug 31, 2017  Bhilai Jaypee Cement owns 1.1 MTPA clinker plant at Satna in MP and 2.2 MTPA cement grinding Unit at Bhilai, Chhattisgarh. Jaiprakash Associates has also sought shareholders nod for an enabling special resolution to raise up to Rs 2,000 crore through issue of securities via routes like QIP.

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

Mar 31, 2016  Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore - Jaiprakash Associates in a filing to the BSE said its board on Friday approved the definitive agreement with Ultratech Cement (UTCL) for sale of part of its cement

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Jaypee Group sells cement plants to Ultratech - The Hindu

Mar 31, 2016  Jaypee Group sells cement plants to Ultratech. Debt-ridden Jaiprakash Associates on Thursday announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 ...

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Jaypee sells cement biz to UltraTech for Rs 16,500 cr ...

Feb 28, 2016  In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group’s UltraTech Cement

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Debt reduction: Jaypee to finally sell cement biz to ...

Jul 05, 2016  JSW Cement had been eager to acquire Jaypee’s cement assets. The Gaurs, who have been in touch with the Jindals of JSW to sell their power plants, had this month re-engaged with them for the cement business as well. Sajjan Jindal’s move to buy out Jaypee’s entire 33 MTPA cement portfolio last year failed due to differences over valuation.

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Jaypee sells cement plants to UltraTech for Rs 15,900 cr ...

Apr 01, 2016  Jaypee sells cement plants to UltraTech for Rs 15,900 cr. ... “Jaypee Group in consultation with ICICI Bank has been selling various assets in its cement

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Jaypee sells cement biz to UltraTech for Rs 16,500 cr M ...

In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group’s UltraTech Cement, for an enterprise value of Rs 16,500 crore. Under the deal, UltraTech will []

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Jaypee to sell most of cement business to UltraTech in Rs ...

Feb 28, 2016  The Jaypee Group is also planning to sell its 1,000MW Karcham Wangtoo and 300MW Baspa II power plants in Himachal Pradesh. The plants are owned by JAL's subsidiary Jaiprakash Power Venture, which ...

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Jaypee - Rewa Cement Plant - IndustryAbout

Apr 13, 2019  Type: Cement Plant. Area: Madhya Pradesh. Annual Production: 3.21 million tonnes of cement (2009) Owner: Jaypee Rewa Plant (JRP) Shareholders: Jaypee Cement Corporation (Jaypee Group) Activity Since: 1986 Contact Coordinates: 24.564180,81.175726. Address: Jaypee Nagar PO Jaypee Nagar, Rewa District, 486450 Madhya Pradesh

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Jaypee - Baga Cement Plant - IndustryAbout

Apr 14, 2019  Annual Production: 2.54 million tonnes of cement. Owners: Jaypee Himachal Cement Plant Baga. Shareholders: Jaypee Cement Corporation (Jaypee Group) Activity Since: 2010 ...

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Jaypee Group to sell assets worth $2.5 billion to offset debt

Aug 14, 2013  Jaypee Group to sell assets worth $2.5 billion to offset debt. ganapathy nsg FOLLOW. ANALYST 0 News. Modified 14 Aug 2013. SHARE ...

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Radio Metta Jaypee Group sells cement plants to Ultratech ...

Apr 03, 2016  Saheli April 3, 2016 News Comments Off on Jaypee Group sells cement plants to Ultratech The deal will help JP Associates reduce its debt, which runs into thousands of crores of rupees 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 ...

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Jaypee Group - Cement industry news from Global Cement

Dec 05, 2012  India: Jaypee Cement plans to sell a 51% stake in its 5Mt/yr cement plant in Gujarat to Ultratech. The value of the deal has been placed at around US$633m. A Jaypee official described the deal as 'finalised' to the Press Trust of India. Jaypee and Ultratech have been in

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Cementing a Deal: UltraTech Buys JP Cement MA Critique

Noida-based Jaiprakash Associates Ltd. has a total cement capacity of 27.79 MTPA as on 31 st March 2015. After several failed attempts by JP to sell its cement business in the last two years, the lenders prevailed upon the company to sell a lion’s share of its portfolio in one shot. Rationale for JP

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Jaypee Group Cement

Contact any time: (120) 4609000, 2470800 , Fax: (120) 4609464, 4609496 Jaypee Group, Sector-128 Noida-201304 Uttar Pradesh India Corporate:[email protected] investors

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

Mar 31, 2016  Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore - Jaiprakash Associates in a filing to the BSE said its board on Friday approved the definitive agreement with Ultratech Cement (UTCL) for sale of part of its cement

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Radio Metta Jaypee Group sells cement plants to Ultratech ...

Apr 03, 2016  Saheli April 3, 2016 News Comments Off on Jaypee Group sells cement plants to Ultratech The deal will help JP Associates reduce its debt, which runs into thousands of crores of rupees 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 ...

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Jaypee Cement to sell lead stake to Aditya Birla ...

Jaiprakash Associates, a heavily-indebted Indian conglomerate, will sell a majority stake in a cement plant to Aditya Birla in one of the first signs of significant asset sales by debt-strapped ...

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Jaypee sells cement plants to UltraTech for Rs 15,900 cr ...

Apr 01, 2016  Jaypee sells cement plants to UltraTech for Rs 15,900 cr. ... “Jaypee Group in consultation with ICICI Bank has been selling various assets in its cement

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Jaypee sells cement biz to UltraTech for Rs 16,500 cr M ...

In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group’s UltraTech Cement, for an enterprise value of Rs 16,500 crore.

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Debt reduction: Jaypee to finally sell cement biz to ...

Jul 05, 2016  JSW Cement had been eager to acquire Jaypee’s cement assets. The Gaurs, who have been in touch with the Jindals of JSW to sell their power plants, had this month re-engaged with them for the cement business as well. Sajjan Jindal’s move to buy out Jaypee’s entire 33 MTPA cement portfolio last year failed due to differences over valuation.

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Jaypee to sell most of cement business to UltraTech in Rs ...

Feb 28, 2016  The Jaypee Group is also planning to sell its 1,000MW Karcham Wangtoo and 300MW Baspa II power plants in Himachal Pradesh. The plants are owned by JAL's subsidiary Jaiprakash Power Venture, which ...

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UltraTech buys Jaypee Cement’s Gujarat unit for Rs 3,800 ...

Sep 11, 2013  Jaypee Cement shelves plans to sell Gujarat unit. UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (mtpa) Gujarat unit of Jaypee Cement

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Jaypee - Baga Cement Plant - IndustryAbout

Apr 14, 2019  Annual Production: 2.54 million tonnes of cement. Owners: Jaypee Himachal Cement Plant Baga. Shareholders: Jaypee Cement Corporation (Jaypee Group) Activity Since: 2010 ...

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Jaypee Group to sell assets worth $2.5 billion to offset debt

Aug 14, 2013  Jaypee Group to sell assets worth $2.5 billion to offset debt. ganapathy nsg FOLLOW. ANALYST 0 News. Modified 14 Aug 2013. SHARE ...

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

Apr 01, 2016  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. The two firms had signed an accord last month under which UltraTech was to buy 22.4 million tonnes of cement

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Jaypee Group plans to raise Rs 2,000 crore, to sell Bhilai ...

Sep 01, 2017  Giving update on other proposed transactions, the company said it plans to sell entire 74 per cent stake in Bhilai Jaypee Cement Ltd to Orient Cement Ltd at

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All you need to know about Ultratech cement and Jaypee ...

Impact of the deal on the Jaypee Group. Post the transaction, Jaypee Group’s cement capacity will come down to 33 mtpa and will remain the third-largest cement manufacturer of the country after the Aditya Birla Group and the Holcim Group. The deal will help the Jaypee Group to raise its debt of Rs 55,000 crore to about Rs 3650 crore.

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Jaypee Bhilai plant: Latest News Videos, Photos about ...

Sep 14, 2017  Jaiprakash to sell Jaypee Bhilai plant stake to Shree Cement 07 Jan, 2016, 11.52 AM IST. 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.

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