• SENSEX
    NIFTY 50
Economy

UltraTech to incorporate Binani Cement as subsidiary

Updated : November 21, 2018 09:46 PM IST

The National Company Law Appellate Tribunal (NCLAT) last week had approved the revised bid of Aditya Birla group firm UltratTech Cement for debt-ridden Binani Cement.
UltraTech has acquired BCL's plants totalling 6.25 MTPA (million tonne per annum) in Rajasthan, inclusive of an integrated cement unit and a split grinding unit at a value of Rs 8,024 crore.
UltraTech to incorporate Binani Cement as subsidiary
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV