Environmental standards & speed delivery & free installation. [email protected]
News
  1. Home > 
  2. Emami Sells Cement Biz To Nirma
Rotary Kiln

Emami Sells Cement Biz To Nirma

The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India CCI and other third parties quelling speculations that the transaction has not progressed

Contact Us
About Us

Our Capacity

Under strict quality control system, we are responsible for every part, every process, every product and every customer. Welcome to visit our company and factory.

Introduction of emami sells cement biz to nirma
  • Deal To Sell Cement Business To Nirma Has Not Fallen Says
    Deal To Sell Cement Business To Nirma Has Not Fallen Says

    May 14 2020 The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India and other third parties quelling speculations that the transaction has not progressed On Feb 6 the Emami

    Get Price
  • Emami to sell cement biz for 5500 crore to Nirma Group
    Emami to sell cement biz for 5500 crore to Nirma Group

    Feb 06 2020 Emami to sell cement biz for 5500 crore to Nirma Group This transaction is an important step in our groups stated objective of becoming debtfree and with this transaction we will substantially achieve this objective said Emami Group By Debojyoti Ghosh Feb 6 2020 2 min read

    Get Price
  • Emami to sell cement business to Nirmas Nuvoco for
    Emami to sell cement business to Nirmas Nuvoco for

    The Kolkatabased group has agreed to sell its 100 per cent equity stake in Emami Cement ECL which was launched in 2016 In a bid to pare debt the diversified Emami Group on Thursday announced that it has entered into a binding agreement with Nuvoco Vistas Corporation part of the Nirma Group for selling its cement business for an enterprise value of Rs 5500 crore

    Get Price
  • Cement sales expected to decline by 20 in FY21 The
    Cement sales expected to decline by 20 in FY21 The

    May 18 2020 Cement dealers across the country expect sales volume to decline by 20 in FY21 with easing of lockdown in May in addition to higher working capital needs and longer credit period to retailers in the wake of the Covid19 pandemic this fiscal according to a survey by CRISIL Research The survey was conducted among more than 100 dealers spread across Tier 1 and 2 centres in thirteen states to

    Get Price
  • Emami Cement Deal to sell cement business to Nirma has
    Emami Cement Deal to sell cement business to Nirma has

    May 14 2020 NEW DELHI The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India CCI and other third parties quelling speculations that the transaction has not progressed On February 6 the Emami group said that to enter into an agreement with Nuvoco Vistas Corporation part of Nirma

    Get Price
  • Deal to Sell Cement Biz to Nirma Has Not Fallen Says Emami
    Deal to Sell Cement Biz to Nirma Has Not Fallen Says Emami

    May 14 2020 The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India CCI and other third parties quelling speculations that the transaction has not progressed Deal to Sell Cement Biz to Nirma Has Not Fallen Says Emami

    Get Price
  • Emami sells cement biz to Nirma What it means for the
    Emami sells cement biz to Nirma What it means for the

    Up for sale Emami Cement seeks valuation of Rs 80009000 crore Three companies show interest to acquire Emami Groups cement arm Emami to sell cement business to Nirma group arm for Rs 5500 crore Bidding for Emami Cement to commence midJan Ultratech ahead in race After Dalmia Bharat Shree and Nuvoco join race to acquire Emami Cement

    Get Price
  • Nirma cement plant Latest News on Nirma cement plant
    Nirma cement plant Latest News on Nirma cement plant

    May 07 2020 Deal to sell cement biz to Nirma has not fallen says Emami On February 6 the Emami group said that to enter into an agreement with Nuvoco Vistas Corporation part of Nirma Group to sell 100 per cent equity in Emami Cement Ltd at an enterprise valuation of Rs 5500 crore

    Get Price
  • Deal To Sell Cement Business To Nirma Has Not Fallen Says
    Deal To Sell Cement Business To Nirma Has Not Fallen Says

    May 14 2020 The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India and other third parties quelling speculations that the transaction has not progressed

    Get Price
  • Nuvoco emerges frontrunner to buy Emami Cement
    Nuvoco emerges frontrunner to buy Emami Cement

    Jan 20 2020 MUMBAI Nuvoco Vistas the Nirma Groups cement division has emerged as the frontrunner to acquire the Emami Groups nine million tonne per annum cement business for Rs 55006000 crore enterprise value to consolidate its position in the east The Nuvoco bid is likely to trump competing offers from top cement makers such as UltraTech Star Cement and Ambuja said people

    Get Price
  • Emami Group to sell cement business to Nirma arm for Rs
    Emami Group to sell cement business to Nirma arm for Rs

    Emami Group will sell its cement business to Nirma group arm for Rs 5500 crore The Kolkataheadquartered conglomerate announced on Thursday that it has entered into a binding agreement with

    Get Price
  • Deal to sell cement biz to Nirma has not fallen says Emami
    Deal to sell cement biz to Nirma has not fallen says Emami

    May 14 2020 Deal to sell cement biz to Nirma has not fallen says Emami New Delhi May 14 PTI The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject

    Get Price
  • News Emami Group To Sell Cement Company To Nirma
    News Emami Group To Sell Cement Company To Nirma

    Image courtesy Lawstreet Journal Business On February 7 2020 Emami Group a Kolkata based diversified conglomerate announced the sale of its cement business to Nuvoco Vista Group which is a part of the Nirma Group The group has decided to divest 100 per cent equity stake in Emami Group for an enterprise value of Rs 5500 crores

    Get Price
  • Emami sells cement unit to Nirma arm for 5500 cr The
    Emami sells cement unit to Nirma arm for 5500 cr The

    Emami Group on Friday said it has sold its cement business Emami Cement to Nuvoco Vistas part of the Nirma Group for an enterprise value of 5500 crore The move is aimed to reduce debt at

    Get Price
  • SAM Khaitan lead on Emami Group cement biz sale to Nirma
    SAM Khaitan lead on Emami Group cement biz sale to Nirma

    Feb 06 2020 SAM Khaitan lead on Emami Group cement biz sale to Nirma arm for 5500 crore Bar Bench Feb 6 2020 445 PM IST Kolkatabased Emami Group has entered into an agreement with a Nirma group arm Nuvoco Vistas Corporation Ltd for the sale of its cement business Emami Cement Ltd for an enterprise value of Rs 5500 crore

    Get Price
  • Emami Group enters into binding agreement with Nirma
    Emami Group enters into binding agreement with Nirma

    Emami Group enters into binding agreement with Nirma Group company for sale of cement biz Moneycontrol was the first to report on the Groups plans to sell its cement assets on June 25 2019

    Get Price
  • Emami to sell cement biz to Nirma group arm for 5500
    Emami to sell cement biz to Nirma group arm for 5500

    Last year promoters sold 20 stake in their listed flagship fast moving consumer goods company Emami Ltd Mumbai Kolkatabased Emami Group on Thursday said it has entered into a binding agreement with a Nirma group arm Nuvoco Vistas Corporation Ltd for the sale of its cement business Emami Cement Ltd for an

    Get Price
  • Emami to sell cement biz to Nirmas Nuvoco for Rs 5500
    Emami to sell cement biz to Nirmas Nuvoco for Rs 5500

    Feb 07 2020 In a bid to pare debt the diversified Emami Group on Thursday announced that it has entered into a binding agreement with Nuvoco Vistas Corporation part of the Nirma Group for selling its cement

    Get Price
  • Emami to sell cement business to Nirma Group
    Emami to sell cement business to Nirma Group

    Emami to sell cement business to Nirma Group Emami to sell cement business to Nirma Group Published on 7 February 2020 Emami seeks to become debtfreeTo read the rest of this article please login with your CW Group Single SignOn first

    Get Price
  • Emami inks pact with Nirma group arm to sell cement biz
    Emami inks pact with Nirma group arm to sell cement biz

    Emami inks pact with Nirma group arm to sell cement biz for Rs 5500 crore The deal will reduce Emanis debt significantly and will bring down pledged shareholding to 32 per cent compared with

    Get Price
  • Deal to sell cement business to Nirma has not fallen says
    Deal to sell cement business to Nirma has not fallen says

    The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India CCI and other third parties

    Get Price
  • Deal to sell cement biz to Nirma has not fallen says Emami
    Deal to sell cement biz to Nirma has not fallen says Emami

    The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India CCI and other third parties quelling speculations that the transaction has not progressed

    Get Price
  • Emami to sell cement business to Nirma group arm for
    Emami to sell cement business to Nirma group arm for

    MUMBAI Emami Group agreed to sell its cement business to Nuvoco Vistas Corp Ltd a Nirma group company for an enterprise value of 5500 crore as the founders of the Kolkatabased company

    Get Price
  • Emami Cement Deal to sell cement biz to Nirma has not
    Emami Cement Deal to sell cement biz to Nirma has not

    May 14 2020 NEW DELHI The Emami group on Thursday said a Rs 5500crore deal to sell its cement business to the Nirma group is subject to approval from the Competition Commission of India CCI and other third parties quelling speculations that the transaction has not progressed

    Get Price
  • Nirma inks 770mn deal to acquire Emami Cement VCCircle
    Nirma inks 770mn deal to acquire Emami Cement VCCircle

    Ahmedabadbased Nirma is best known for making soaps and detergents though it also makes industrial goods such as soda ash cement and packaging products Founded by Karsanbhai Patel Nirma has 12 manufacturing facilities in India and the US Emami The Emami Group was founded in 1974 by RS Agarwal and RS Goenka

    Get Price
  • Emami to sell cement biz to Nirmas Nuvoco for Rs 5500
    Emami to sell cement biz to Nirmas Nuvoco for Rs 5500

    Emami Nuvoco Emami Cement Emami Group director Competition Commission of India FMCG business More In a bid to pare debt the diversified Emami Group on Thursday announced that it has entered into a binding agreement with Nuvoco Vistas Corporation part of the Nirma Group for selling its cement business for an enterprise value of 5500 crore

    Get Price
Hot Product Hot News
Next Post

Volcanic Rock Powder Grinding Plant Used

Grinding Mill
Previous Post

22 Best Ore Beneficiation Machine

Ball Mill
CONTACT US

WE OFFER VARIOUS MINING MACHINES