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Manjushree Khaitan
Business  /  Published 29.09.20

Kesoram Ind debt rejig

Birla Tyre may spin off its under-construction passenger car tyre business into a separate entity in its efforts to induct a strategic partner. The company, which was carved out of Kesoram last year,...
By Sambit Saha in Calcutta

Business  /  Published 31.07.20

US firm to invest in Kesoram to lower debt

Manjushree Khaitan-led Kesoram Industries is believed to have roped in US-based fund Farallon Capital to inject fresh liquidity in the company. Kesoram, a predominantly cement producer, plans to swap...
By Sambit Saha in Calcutta

Business  /  Published 11.08.19

Kumar Mangalam Birla status quo at Kesoram

Kumar Mangalam Birla continues to remain a “promoter” of Kesoram Industries Ltd, despite writing to market regulator Sebi to change his status to a public shareholder five months ago.The chairman ...
By Sambit Saha in Calcutta

Business  /  Published 11.02.20

Kesoram aims to cut debt by Rs 700cr

Manjushree Khaitan-led Kesoram Industries Ltd has set an ambitious target to cut debt by Rs 700 crore through the infusion of fresh equity and internal cash generation to bring down interest costs.The...
By Our Special Correspondent in Calcutta

Business  /  Published 26.07.19

Global role in Birla Tyres rejig

Kesoram Industries, the flagship of the Basant Kumar Birla group of companies, is in talks with global majors to reshape its loss-making tyre business.The company is in the midst of a mirror image dem...
By Our Special Correspondent in Calcutta

Business  /  Published 18.02.20

Kesoram board seal on funding

The board of Kesoram Industries has approved a capital raising plan of up to Rs 1,200 crore by way of a rights issue or preferential share allotment to pare debt and make the balance sheet strong.A co...
By Our Special Correspondent in Calcutta

Business  /  Published 14.02.20

Kesoram bid to pare debt

The board of Kesoram Industries Ltd will meet on February 18 to consider raising fresh capital by way of a rights issue or preferential allotment.The meeting will take place just a week after announc...
By Sambit Saha in Calcutta


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