jaiprakash associates cement plant sale

jaiprakash associates cement plant sale

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

2016-4-1  Jaiprakash Associates, which was reeling under heavy debt burden, has announced the part sale of its cement business to Aditya Birla group’s UltraTech for Rs 15,900 crore in a deal monitored by banks led by ICICI Bank. However, the size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates

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Jaiprakash Associates completes sale of cement unit to ...

2017-6-29  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.

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Heidelberg to buy Jaiprakash Associates’ cement unit - The ...

2015-6-22  Jaiprakash Associates' UP cement plant latest in sales series by debt-laden group. Heidelberg is in advanced stages of negotiations with JP Associates to

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Jaiprakash Associates - Cement industry news from Global ...

2019-8-8  India: Jaiprakash Associates has suspended operations at its cement plants in Madhya Pradesh and Uttar Pradesh from 1 May 2021 due to the ongoing coronavirus outbreak. The company say it will continue maintenance activities of these plants during this time. It described the situation as ‘dynamic’ and plans to resume operations after ongoing analysis.

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Jaiprakash Associates, Jaypee Cement biz sale to UltraTech ...

2017-6-29  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 ...

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Jaiprakash Associates - Cement industry news from Global ...

2016-3-7  India: Jaiprakash Associates has missed an interest payment due on 7 March 2016 on its bonds worth US$150m. The interest will be paid later from the proceeds of its recent US$2.4bn sale of cement assets, the company said in a statement. "Interest was payable on the bonds on the semi-annual interest payment date of 7 March 2016.

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Jaiprakash Associates Shares Soar 38% On UltraTech

2016-7-5  Jaiprakash Associates shares jumped as much as 38 per cent on Tuesday, a day after the debt-laden infrastructure major's board salvaged a deal involving the sale of its cement

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Jaiprakash Associates (JAIASS) 24

2015-2-12  Cement asset sale as part of JAL’s strategy JAL has announced that its board has approved the MoU to sell two cement plants in Madhya Pradesh to UltraTech Cement, a deal which will help JAL reduce its mammoth debt. The assets include (a) integrated cement plant with clinker capacity of 2.1 MTPA and grinding capacity of

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Jaiprakash Associates (JAIASS) - ICICIdirect

2016-3-14  The deal includes sale of Bela plant (2.1 MT clinker capacity, 2.6 MT grinding unit captive power plant of 25 MW) Sidhi Unit (3.1 MT clinker capacity, 2.3 MT grinding unit Mar-15 Jaiprakash Cement wins coal block in Mandla South, Madhya Pradesh, for a bid of 1,852 a tonne. The ready-to-produce block has extractable reserves 13.35

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Jaypee Group Press Release

2021-9-15  Jaiprakash Associates Limited - Sale of two of the Cement Units : 2. 24th Nov, 2014 : Speech of Hon'ble Founder Chairman at JUIT, Waknaghat during the 5th Convocation: 3. Sept. 25, 2014: JPVL Signs MoU with JSW to Sell 3 power plants: 4. Sept. 24, 2014: Clarification regarding Karcham and Baspa II: 5. 24 July 2014: Press Release: 6. 24 July ...

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

2016-4-1  Jaiprakash Associates, which was reeling under heavy debt burden, has announced the part sale of its cement business to Aditya Birla group’s UltraTech for Rs 15,900 crore in a deal monitored by banks led by ICICI Bank. However, the size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates

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Jaiprakash Associates' shareholders approve sale of

2016-10-26  2016-10-26  India: The shareholders of Jaiprakash Associates approved the sale of the group’s cement business to UltraTech Cement. According to the deal, arranged earlier in 2016, UltraTech Cement will buy Jaiprakash Associates' cement plants in Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh, which have a total production capacity of 21.1Mt/yr, at an

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Heidelberg to buy Jaiprakash Associates’ cement unit - The ...

2015-6-22  Jaiprakash Associates' UP cement plant latest in sales series by debt-laden group. Heidelberg is in advanced stages of negotiations with JP Associates to

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Jaiprakash Associates - Cement industry news from Global ...

2016-8-11  2016-8-11  India: The shareholders of Jaiprakash Associates approved the sale of the group’s cement business to UltraTech Cement. According to the deal, arranged earlier in 2016, UltraTech Cement will buy Jaiprakash Associates' cement plants in Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh, which have a total production capacity of 21.1Mt/yr, at an

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Jaiprakash Associates, Jaypee Cement biz sale to UltraTech ...

2017-6-29  2017-6-29  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

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Jaiprakash Associates - Cement industry news from Global ...

2016-3-7  India: Jaiprakash Associates has missed an interest payment due on 7 March 2016 on its bonds worth US$150m. The interest will be paid later from the proceeds of its recent US$2.4bn sale of cement assets, the company said in a statement. "Interest was payable on the bonds on the semi-annual interest payment date of 7 March 2016.

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Jaiprakash Associates - Cement industry news from Global ...

2019-8-8  India: Jaiprakash Associates has suspended operations at its cement plants in Madhya Pradesh and Uttar Pradesh from 1 May 2021 due to the ongoing coronavirus outbreak. The company say it will continue maintenance activities of these plants during this time. It described the situation as ‘dynamic’ and plans to resume operations after ongoing analysis.

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Jaiprakash Associates - Cement industry news from Global ...

2015-6-24  India: According to the Financial Express, Jaiprakash Associates is close to selling its 1Mt/yr capacity cement plant at Sikandarabad, Uttar Pradesh to HeidelbergCement for around US$78.6m. If the deal materialises, it would be the fifth cement asset sale by Jaiprakash Associates in little over a year. The group is looking to sell assets, including cement and power plants, to reduce its large ...

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Jaiprakash Associates Ltd. Share Price, Stock Analysis ...

02 Dec 2009 - Jaiprakash Associates Cement Plant in Gujarat. 26 Nov 2009 - Jaypee Balaji Cement Project - MoEF clearance for Cement Plant alongwith Captive Power Plant. 12 Aug 2009 - Jaypee Group and LT sign agreement. 31 Jul 2009 - Jaiprakash Associates to set up cement plant in Assam. 14 Apr 2009 - Sachin Tendulkar to Endorse Jaypee Cement

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Jaypee Group Press Release

2021-9-15  Jaiprakash Associates Limited - Sale of two of the Cement Units : 2. 24th Nov, 2014 : Speech of Hon'ble Founder Chairman at JUIT, Waknaghat during the 5th Convocation: 3. Sept. 25, 2014: JPVL Signs MoU with JSW to Sell 3 power plants: 4. Sept. 24, 2014: Clarification regarding Karcham and Baspa II: 5. 24 July 2014: Press Release: 6. 24 July ...

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Jaiprakash Associates saves deal to sell cement plants to ...

2016-7-4  Jaiprakash Associates Ltd has finalised a deal to sell nearly two-thirds of its cement business to UltraTech Cement Ltd, in a development that gives it a breather in its attempt to stave off creditors seeking to take over the debt-laden company. The two

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UltraTech acquires Jaiprakash Associates' cement plants ...

2016-2-29  Jaiprakash Associates has already concluded sales of 8.4 mt of cement capacity for Rs 50 billion, but debt levels are estimated to be still up 18% over the past two years," Credit Suisse analysts wrote in an October 2015 note.

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Jaiprakash Associates gains on buzz of mulling cement ...

2013-8-28  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 15:06 IST on BSE on reports UltraTech Cement is close to buying the company's Gujarat cement plant for about Rs 3700 crore.

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India: Jaiprakash Associates shareholders agree to sale

2016-10-25  Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm's cement business to Aditya Birla Group's UltraTech Cement. Approval from Competition Commission of India (CCI) has been received

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Jaiprakash Associates completes sale of cement unit to ...

2017-6-29  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.

Read More
Jaiprakash Associates, Jaypee Cement biz sale to UltraTech ...

2017-6-29  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 ...

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UltraTech completes acquisition of Jaiprakash group

2017-6-29  New Delhi, Jun 29 (PTI) UltraTech Cement has completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, having a capacity of 21.2 ...

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Jaiprakash Associates Directors Report, Jaiprakash Asso ...

Jaiprakash Associates Detailed director reports covering Jaiprakash Asso Financial Results and Performance report. ... sale of cement plants in gujarat by jccl. In 2014, Cement Plants in Gujarat ...

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Jaiprakash Associates (JAIASS) 24

2015-2-12  Cement asset sale as part of JAL’s strategy JAL has announced that its board has approved the MoU to sell two cement plants in Madhya Pradesh to UltraTech Cement, a deal which will help JAL reduce its mammoth debt. The assets include (a) integrated cement plant with clinker capacity of 2.1 MTPA and grinding capacity of

Read More
Jaiprakash Associates (JAIASS) - ICICIdirect

2016-3-14  The deal includes sale of Bela plant (2.1 MT clinker capacity, 2.6 MT grinding unit captive power plant of 25 MW) Sidhi Unit (3.1 MT clinker capacity, 2.3 MT grinding unit Mar-15 Jaiprakash Cement wins coal block in Mandla South, Madhya Pradesh, for a bid of 1,852 a tonne. The ready-to-produce block has extractable reserves 13.35

Read More