India Cements Ltd, now a subsidiary of UltraTech, has announced the appointment of new leadership for the company, following the exit of its former promoters including N Srinivasan as Managing Director & CEO …
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India Cements
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Shares of India Cements jumped 11 per cent on Monday morning after the Competition Commission of India (CCI) cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement’s proposal to acquire a majority stake in the firm. The …
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UltraTech Cement board on Sunday approved the purchase of 32.72 per cent equity stake of the promoters and their associates in India Cements. Ultra Tech had made a financial investment in India Cements to acquire 22. …
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UltraTech Cement has acquired a 23% stake in India Cements for around Rs 1,900 crore, preventing potential future bids for the leading peninsular manufacturer, as the race intensifies to control capacities in a …
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India Cements is looking to dispose of additional surplus land to augment cash flow requirements and funding its efficiency improvement plans in the current financial year (FY25). On Monday, the cement …
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India Cements, is looking to raise as much as ₹750 crore in bonds and has mandated ICICI Bank and EY to arrange for the debt from lenders including private credit funds. The debt, which …
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The India Cements has reported net consolidated loss after tax of 85.54 crore during the quarter ended September 30, 2023. It had registered loss after tax of Rs 121.10 crore in …
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The India Cements has reported net consolidated loss after tax of Rs 121 crore in the second quarter of the financial year 2022. It had recorded profit after tax of Rs 32.52 …
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Cement manufacturers are looking to resume their respective operations in a phased manner starting from April 20, 2020. This comes after Ministry of Home Affairs on April announced continuation of …
