Search result for 'cement assets'

NCLT approves Adani Cementation's merger with Ambuja Cements, consolidating Adani Group's cement business and boosting capacity. The merger involves share swapping and aims for synergistic benefits.

The National Company Law Appellate Tribunal (NCLAT) has rejected Jaiprakash Associates Ltd's plea challenging insolvency proceedings initiated against the company. The decision upholds the NCLT's...

Adani Cement CEO highlights increased capex and acquisition strategy to achieve targeted growth ahead of schedule, aiming for 140 MTPA capacity by FY28.

Lenders of Jaiprakash Associates Ltd (JAL) have rejected the modified one-time settlement proposal submitted by the debt-ridden group. The NCLAT will now proceed with the insolvency proceedings.

UltraTech Cement reports a 67% surge in Q3 net profit to Rs 1,774.78 crore driven by lower costs and higher sales. Domestic sales volume rose 5% during the quarter.

UltraTech Cement has acquired the cement grinding assets of Burnpur Cement in Jharkhand for Rs 169.79 crore, marking its entry into the state. The acquisition increases UltraTech's capacity in...

Jaiprakash Associates has defaulted on Rs 4,258 crore loans, including principal and interest. The company is undergoing debt restructuring and plans to exit the cement sector.