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CCI approves UltraTech Cement's acquisition of Kesoram's Cement Business valued at ₹7,600 crore, accelerating UltraTech's growth to 200mtpa. SENSEX 82,365.77 + 231.16. NIFTY 25,235.90
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Kesoram Industries shares rose 5 per cent to Rs 146.05 on BSE. Kesoram's cement business consisted of two integrated cement units, one at Karnataka and the other at Telangana, with a total ...
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In terms of the Scheme, Kesoram will demerge its Cement Business into UltraTech. The Cement Business of Kesoram consists of 2 integrated cement units at Sedam (Karnataka) and Basantnagar (Telangana) with …
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UltraTech to acquire Kesoram's cement business in all-stock deal. Gross enterprise value of the deal is over ₹7,600 crore. 59,74,301 new equity shares of UltraTech to be issued to Kesoram's ...
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UltraTech Cement Ltd.'s decision to buy Kesoram Industries Ltd.'s cement business for Rs 5,379 crore will help to expand its businesses in the southern and western markets of India, according to brokerages. Brokerages including Morgan Stanley, Motilal Oswal and Jefferies see the acquisition as a positive that would help strengthen …
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India: UltraTech Cement says that the Competition Commission of India has approved its proposed acquisition of Kesoram Industries' cement business. The …
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India: The State High Level Clearance Committee of Karnataka has approved an expansion project at Birla Shakti Cement's plant in Vasavadatta and a new plant at Gulbarga that will be built by India Cements. Birla Shakti Cement, a subsidiary of Kesoram Industries, is planning a US$97m upgrade to increase the plant's production …
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The Completion Commission of India (CCI) has approved UltraTech Cement's proposed acquisition of Kesoram Cement Business, the cement arm of Indian conglomerate Kesoram Industries Ltd.The business is set to be acquired by Mumbai-based UltraTech, as part of a deal made on 30 November 2023.
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Kumar Birla, chairman of AV Birla Group to which UltraTech belongs, is also a promoter shareholder in Kesoram, which has two cement plants in Telangana and Karnataka. Entities controlled by the Kumar Birla family — Pilani Investments and Industries Corporation Ltd and Century Textiles & Industries Ltd — are qualified as promoter …
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Notably, Kesoram's cement business also encompasses a 0.66 mtpa packing plant in Solapur, Maharashtra. The acquisition, which was initially broken by CNBC-TV18 on November 23, is expected to enhance UltraTech's geographical reach, particularly in the Western and Southern markets, addressing the highly fragmented and …
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Plant Head at Kesoram Cement- KESORAM INDUSTRIES LTD. · Having 29 years of Rich Technical and Non Technical Experience for managing the Teams for the Cement Processing, Power Generation and Mining. · Experience: KESORAM INDUSTRIES LTD. · Education: CBIT · Location: Andhra Pradesh · 196 connections on LinkedIn. View …
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WEBIn small but meaningful ways, Kesoram has touched the lives of millions around the world. Click below to find out more about the industries Kesoram is in.
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Cement Plant information for Kesoram Cement can be found below. For full access to the database, purchase The Global Cement Report™, 15th Edition. Purchase. Facility Details. Name: Kesoram Cement . Company: Birla Shakti Cement . Group: Birla Shakti Cement . City: District Karimnagar . State: Telengana . Country:
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Its initial rayon plant was constructed in 1959, through a production volume of 4.635 metric tons of rayon yarn every year. The essence of entrepreneurship did not end there. It soon entered the tyres and cement industries. Introduction: Kesoram is a Birla Group Company. Set up in 1969, Birla Shakti is one of worldwide leaders in cement technology.
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UltraTech Cement will acquire the cement business of Kesoram Industries on a share swap basis, both companies informed the bourses about their respective …
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Kesoram's cement assets also include a 0.66 mtpa packing plant in Solapur, Maharashtra. The South Indian market stands out due to its highest over-capacity and fragmentation within India. However, the …
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After the completion of the proposed merger of Kesoram's cement business, total capacity of the cement flagship company of the Kumar Mangalam Birla-led Aditya Birla Group will stand augmented to ...
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Kesoram Industries Ltd has decided to demerge its cement business and has approached UltraTech Cement Ltd in relation to the same. The Board of Directors of …
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Nigeria Operations Nigerian Operations Nigeria is Dangote Cement's home market and where we started manufacturing cement in 2007. We have three fully integrated cement plants of 32.3 Mta located in Obajana, Ibese and Gboko. We plan to build new capacity in the coming years to meet Nigeria's and West Africa's growing demand for cement …
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KESORAM INDUSTRIES LTD CEMENT DIVISION UNIT: VASAVADATTA CEMENT, SEDAM ... 1.1 Introduction 05 1.2 EMS Systems 06 1.3 Technical Features of Cement Plant 07 1.4 Technical Features of Power Plant 08 1.5 Raw material consumption 08 1.6 Cement Manufacturing Process 08 1.7 Material Balance 11 PART-A Form-V 12 PART …
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KIL has diversified business interests in various sectors including tyres, cement and rayon. It owns and operates two integrated tyre manufacturing plants located at Balasore, Odisha (the "Balasore Tyre Plant") and Haridwar, Uttarakhand (the "Laksar Tyre Plant") with a combined total installed capacity of 298,660 MT of tyres as of 31 March 2013.. The tyres …
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India: UltraTech Cement, India's largest cement producer has commenced negotiations to acquire promoters' stakes in Kesoram Industries, which sells cement under the Birla Shakti brand. It has two cement plants: Vasavadatta Cement in Sedam, Karnataka, and Kesoram Cement, located in Basantnagar, Telangana. The two plants …
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Birla Shakti has two cement manufacturing plants located at Sedam, Karnataka (Vasavadatta Cement) and Basantnagar, Telangana (Kesoram Cement). Our cement business has been in operation for over 50 years, catering to the regional demands predominantly in Karnataka, Telangana and Maharashtra.
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Located near the limestone deposits of Sedam and Basantnagar, Birla Shakti's two cement manufacturing plants have a total combined capacity of 10.75 million metric tonnes, making it one of the leading cement …
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India: BK Birla Group subsidiary Kesoram Industries sold 3.73Mt of cement during the first half of its 2024 financial year (1 April 2023 – 30 September 2023). This corresponds to a rise of 17% year-on-year from 3.19Mt in the first half of the previous financial year. The producer's earnings before interest, taxation, depreciation and …
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Kesoram Industries Ltd is a 9 decade old company incorporated in 1919 as Kesoram Cotton Mills, subsequently renamed as Kesoram Industries in 1986. It got into cement …
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India's UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries in an all-stock deal valued at 53.79 billion rupees ($645.41 million), in a move to add heft to its ...
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Dangote Cement Plc is a cement manufacturing company with plants at Obajana, Kogi and also in Benue and Ibese. 2 Lafarge Cement. Km 64, Lagos/Abeokuta Expressway, Ewekoro, Abeokuta, Ogun +234-1-2713990 ... Adana White Cement Nigeria is a cement warehouse in Lagos that distributes and supply Adana cement brand for tiling and …
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Kesoram Industries Ltd, a B K Birla Group subsidiary, announced that it plans to increase its cement production capacity to 15 million tonnes (MT) from 11 MT. Kesoram, which has demerged its tyres and rayon businesses, is on course to make a profit in the current fiscal year (FY).
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PE series jaw crusher is usually used as primary crusher in quarry production lines, mineral ore crushing plants and powder making plants.
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