orient cement buying cement grinding unit

Orient to buy cement assets of Japyee | Business News,The ...

Oct 07, 2016· In a filing to the exchanges, Orient Cement said that it has signed a definitive agreement to buy 74 per cent stake in Bhilai Jaypee Cement Limited (BJCL) for an enterprise value of Rs1,450 crore and Nigrie Cement Grinding unit from Jaiprakash Power Ventures Limited for an enterprise value of R500 crore, respectively.

Orient Cement to buy 2 cement units from Jaypee for ₹1,946 ...

May 31, 2017· Orient Cement to buy 2 cement units from Jaypee for ₹1,946 cr. ... Another agreement was signed for the acquisition of the Nigrie Cement Grinding Unit as .

CK Birla firm to buy two cement assets from Jaypee Group ...

CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from another group firm to expand to other regions.

Press Coverage | Orientcement:

Orient Cement has agreed to buy 74% stake in Bhilai Cement plant from JP Associates for Rs14.50bn and top corporate news of the day ... Orient Cement will also acquire Nigrie cement grinding unit of JP Power for Rs 500 cr The CK Birla group firm, Orient Cement, Weblink.

Orient Cement buys Jaypee cement units for Rs 1,950 cr ...

Orient Cement, a firm owned by the Chandra Kant Birla group, on Thursday agreed to acquire 74 per cent stake in Bhilai Jaypee Cement and Nigrie cement grinding unit in Madhya Pradesh from Jaypee group companies at an enterprise valuation of Rs 1,950 crore.

Orient Cement expects to complete Jaypee units acquisition ...

Jan 12, 2018· CK Birla Group firm Orient Cement Ltd is in the process of acquiring two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for Rs 1,946 crore. Orient Cement .

orient | Orientcement: - Part 3

Orient Cement, part of the $1.6 bn CK Birla Group has emerged as the front runner to buy out the majority stake of Manoj Gaur led Jaiprakash Associates in its Weblink Weblink BRIEF-Orient Cement to acquire Nigrie cement grinding unit of Jaiprakash Power Ventures

Wonder Cement to commission grinding unit

India's Wonder Cement is ready to start operations at its 2Mta clinker grinding unit in Dhule, Maharashtra, according to The Hindu. The plant represents .

Orient Cement to buy 2 units of JP Group for Rs 1,950 ...

Oct 06, 2016· Orient Cement to buy 2 units of JP Group for Rs 1,950 crore. By: ... Madhya Pradesh, is a cement grinding unit with a capacity of 2 MTPA and is located very close to the end markets in Bihar ...

Orient Cement to acquire 2 units from Jaypee for Rs 1,946 ...

Orient Cement Ltd (OCL) has signed definitive agreements with Bhilai Jaypee Cement and Nigrie Cement Grinding Unit for the transactions that are expected to be completed before March 31, 2018.

Orient Cement to acquire 2 units from Jaypee for Rs 1,946 ...

May 31, 2017· CK Birla Group firm Orient Cement Ltd on Wednesday said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of ...

Orient Cement Share Price, Orient Cement Stock Price ...

Orient Cement Share Price, Orient Cement Stock Price, Orient Cement Ltd. Stock/Share prices, Orient Cement Ltd. Live BSE/NSE, F&O Quote of Orient Cement Ltd. with Historic price charts for NSE / BSE.

Orient Cement To Buy Two Units Of JP Group For Rs 1,950 Crore

Orient Cement To Buy Two Units Of JP Group For Rs 1,950 Crore . ... Madhya Pradesh is a cement grinding unit with a capacity of 2 MTPA and is located very close to the end markets in Bihar ...

Orient Cement buys Jaypee cement units for Rs 1,950 cr ...

Orient Cement, a firm owned by the Chandra Kant Birla group, on Thursday agreed to acquire 74 per cent stake in Bhilai Jaypee Cement and Nigrie cement grinding unit in Madhya Pradesh from Jaypee group companies at an enterprise valuation of Rs 1,950 crore.

Orient Cement | Latest & Breaking News on Orient Cement ...

HDFC Securities is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 150 in its research report dated July 30, 2019. Net Sales are expected to increase by ...

Orient Cement | LinkedIn

Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra.

Orient Cement to acquire two Jaypee units

Orient Cement has reached an agreement to buy two cement units from Jaypee in the central and eastern regions of India. Orient will buy a 74 per stake in Bhilai which is a joint venture between Jaiprakash Associates Ltd (JAL) and Steel Authority of India Ltd (SAIL).

Orient Cement buys two Jaypee firms for Rs1,946 cr : The ...

Orient Cement buys two Jaypee firms for Rs1,946 cr. NEW DELHI: CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit ...

Jaiprakash Associates - Cement industry news from Global ...

India: Orient Cement has cancelled a deal to buy three cement plants from Jaiprakash Associates. The companies signed an agreement in May 2017 to buy a 74% stake in Bhilai Jaypee Cement for US$225m and the acquisition of the Nigrie cement grinding plant in Singrauli, Madhya Pradesh from Jaiprakash Power Ventures for US$77m.

Orient Cement Ltd - BUY - India Infoline

Orient Cement Ltd - BUY Orient has been one of the most cost efficient players in the Indian cement universe. ... (Telangana), while another split cement grinding unit is located in Jalgaon ...

Orient Cement terminates agreement with Jaypee Group firms

India's Orient Cement has terminated the agreement to acquire two assets, Bhilai Jaypee Cement Ltd and the Nigrie cement grinding unit, from Jaypee Group firms for a total investment of INR19.46bn (US$288.23m), according to the Hindu Business Line.

Steel Authority of India - Cement industry news from ...

India: Orient Cement is to buy three cement plants from Jaiprakash Associates for US$292m. The cement producer will acquire a 74% stake in Bhilai Jaypee Cement for US$217m from Jaiprakash Associates and the Nigrie cement grinding plant from Jaiprakash Power Ventures for US$75m, according to the Press Trust of India.

Orient Cement calls off Rs 2,000 cr deal to acquire 2 ...

May 31, 2018· NEW DELHI: In a setback to crisis-hit Jaypee group, the CK Birla Group firm Orient Cement has terminated its Rs 1,946-crore deal to acquire Jaiprakash Associates Ltd's (JAL) two firms -- Bhilai Jaypee Cement and Nigrie Cement Grinding Unit. The deal has been terminated as both parties failed to complete the transactions within the stipulated 12 months time, according to regulatory filings.

Orient Cement to acquire cement asset from Jaiprakash ...

Orient Cement Limited ('Orient Cement') today agreed to acquire Nigrie Cement Grinding unit ("Nigrie unit") from Jaiprakash Power Ventures Limited ("JPVL") for an Enterprise Value of INR 500 crores. The Enterprise Value is on a cash-free, debt-free basis and is subject to .