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EMAMI CEMENT
West Bengal election results put these 43 stocks under spotlight. Will BJP's win be a trigger?Early West Bengal election trends putting BJP ahead of TMC have pushed stocks like Bandhan Bank, CESC, and Berger Paints into focus. Invest...- Emami on track to reduce promoter pledge to zero by next March: DirectorEmami is going to enter the home hygiene segment and boost presence in immunity products.
- Deal to sell cement biz to Nirma has not fallen, says EmamiOn February 6, the Emami group said that to enter into an agreement with Nuvoco Vistas Corporation, part of Nirma Group, to sell 100 per ce...
- Promoters will bring down pledge in Emami Ltd by March 2021: Mohan GoenkaHe said the promoters would require Rs 500-600 crore in addition to the money coming from the just signed Rs 5,500 crore deal with Nuvoco V...
- Nuvoco Vistas to buy Emami Cement business for Rs 5,500 croreThe sale also includes all the assets and mining leases on 300 million tonnes of limestone deposits.
- Emami Group signs binding pact with Nuvoco Vistas for selling 100% stake in Emami CementEmami Cement operates one integrated cement plant and three grinding units with a total cement grinding capacity of around 8.3 million tonn...
- Emami promoters to raise Rs 1500 crore to cut pledgeThe entire NCD transaction will be completed in phases over the next two month, the executives said.
- Nuvoco emerges front-runner to buy Emami Cement business for up to Rs 6,000 crThe group that now has a capacity of 11 million tonnes is trying to consolidate its position in the industry that is 40% dominated by the b...
- Blackstone, KKR join race for India’s Emami CementThe Kolkata-based conglomerate is joining tycoons including Anil Ambani & Subhash Chandra in selling assets to pare debt as a cash crunch i...
- Dalmia Bharat puts in bid for Emami’s cement businessDalmia Group was founded in 1935 by Jaidayal Dalmia and its cement division was established in 1939.
- Emami plans to pare Rs 2,600 cr debt at group level in 9 monthsThe promoters have been looking at various options, ranging from divestment to taking the business to the public, to monetise assets.
- Emami said to pick Arpwood, Credit Suisse for cement unit saleA decision is yet to be made about the size of the stake to be sold and the group can add more managers for the deal later.
- Emami in talks with UltraTech, KKR, Temasek to sell stake in cement bizThe cement business recently received regulatory clearance for an initial public offer (IPO).
- Emami promoters sell 10% stake for Rs 1,600 croreThe proceeds from the transaction will help to reduce promoter debt.
- KKR in advanced talks to put Rs 2,000 crore in EmamiFMCG gian Emami to use funds for repaying loans, working capital needs and expansion of cement business.
- Penna Cement files for Rs 1,550-cr IPO, to use funds for expansionThe IPO will consist of a fresh issue of Rs 1,300 crore and an offer for sale of up to Rs 250 crore by the company's promoter PR Cement Hol...
- Emami Cement files for Rs 1,000 crore IPO with SebiThe IPO comprises fresh issuance of shares worth Rs 500 crore.
- ABB India bags order from Emami CementAccording to the statement, Emami is setting up advanced and energy-efficient cement plants to meet the future demand of cement from the st...
- Emami eyes pan-India cement footprint in 5-7 yearsEmami Cement is in the process of setting up a plant at Panagarh in West Bengal with a capacity of 2 million tonnes per annum (mpta) at a c...
- East may face an over supply of cement, say analystsThe pace at which cement capacity is coming up in the East has convinced analysts that the region may face an over supply.
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