Binani Cement's Committee of Creditors to stick with Rs 6,350 cr offer from Dalmia Cement
• 7 years agoThe CoC did not approve the offer from its promoters Binani Industries, which is pitching for Rs 7,266 crore offer from the Aditya Birla Group firm UltraTech Cement, due to legal implications, sources said.
NCLT asks lenders to consider Binani Industries application, suggests out-of-court settlement
• 7 years agoNCLT asked the CoC whether it could consider application filed by Binani Industries, the parent company of Binani Cement, for a settlement outside tribunal
UltraTech to pay Rs 7,266 crore for 98.43% stake in Binani Cement, seeks end to insolvency proceedings
• 7 years agoUltraTech said in a statement that Binani Industries Ltd (BIL) - the promoter firm of Binani Cement Ltd - had approached it for arranging funds to pay-off the lenders
M&A Wrap up: Binani Industries buys Belgian fibre glass firm
Sanjit Oberai • 13 years agoAajaneya Lifecare has acquired Hyderabad based Apex Drugs and Intermediates for Rs250 crore.
Binani buys 100% in Belgian co 3B, move to strengthen core ops
Fp Archives • 13 years agoBinani Industries Ltd, the holding company of $1.6 billion Braj Binani group, on Wednesday announced the acquisition of 3B, Europe-based fibreglass company for 275 million euroS