INDIA CEMENTS: SOURCES TO CNBC AWAAZ

Ultratech front runner to acquire India Cement’s MP Project

In talks with JSW Cement, Birla Group, Adani Group for cement plant sale

Madhya Pradesh Project with Limestone mine valued upto Rs 800 cr

India Cement earlier planned 3 MTPA integrated plant on 700 acres in MP

Also looks to sell 1.5 MTPA Bansawara Cement Plant in Rajasthan for Rs 1500-2000 cr valuation

Funds after sale will be used to cut long term debt

JSW Cement: No comments on story

CNBC Awaaz yet to get comments from India Cem, Birla & Adani Group

Sources have indicated also that India Cement promoters not looking at any stake sale at this point in time.
.
.
Sources
Cnbc

View this post on Instagram

A post shared by investors_ educators (@investors_educators)

• WordPress
• Post