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Shree Cement to acquire Jaiprakash grinding unit. Shree Cement has entered into an agreement to buy Jaiprakash Associates 15Mta cement grinding unit in the Panipat district of Haryana state in north India The proposed sale is subject to approval of the lenders of …
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4/27/2015· New Delhi: Shree Cement has completed the acquisition of a cement grinding unit of Jaiprakash Associates for Rs 358.22 crore. The acquisition of a 1.5 mtpa cement grinding unit of Jaiprakash Associates Ltd, situated at Panipat, has been consummated on April 27, 2015 for an aggregate consideration of Rs 358.22 crore, Shree Cement said in a filing to the BSE today.
Shree - Cement industry news from Global Cement- Jaypee Cement Grinding Unit, Panipat (Haryana,India: Shree Cement has commissioned a 26Mt/yr capacity grinding plant at Baloda Bazar near Raipur, Chhattisgarh, Bhilai Jaypee Cement Limited is a joint venture between Jaiprakash Associates, which holds 74% stake in the unit and,.JSW .