Binani Cement
Business  /  Published 08.07.20

UltraTech Cement to sell China plant for $120m

UltraTech Cement on Tuesday announced that  its arm-Krishna Holdings Pte Ltd (Krishna) will sell its entire stake in Shandong Binani Rongan Cement Company Ltd for an enterprise value of $120 mill...
By Our Special Correspondent in Mumbai

Business  /  Published 19.11.18

SC backs UltraTech takeover of Binani Cement

The Supreme Court on Monday dismissed the plea of a Dalmia Bharat Group firm challenging the National Company Law Appellate Tribunal (NCLAT) order allowing rival UltraTech Cement to acquire debt-ridde...
By Our Bureau in New Delhi

Business  /  Published 15.11.18

Binani Cement’s suitor ready for SC battle

Dalmia Bharat plans to punch holes in the judgment delivered by the company appellate tribunal validating a rival bid for bankrupt Binani Cement by litigating at least on four counts when the Supreme ...
By Sambit Saha in Calcutta

Business  /  Published 14.11.18

UltraTech bid for Binani Cement valid

Kumar Mangalam Birla’s UltraTech Cement has received the approval of the appellate company tribunal to acquire bankrupt Binani Cement even as rival Dalmia Bharat is moving the Supreme Court on Thurs...
By Our Special Correspondent in Calcutta


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