It's now official.
The end of the N Srinivasan era in Chennai's India cements.
Aditya Birla Group owned Ultratech will be buying the promoter group of India Cements. UltraTech will pay Rs. 3,954 crores at Rs. 390/ share for buying 32.72% stake in India Cements from the promoters & their associates. This will trigger a mandatory open offer, at Rs 390/ share.
Cement Cartel of the south broken. It is now Adani vs Birlas in Cement industry. Bad times ahead for Helicopter Shot Captain and DMK as their favourite businessmen has just quit the business
The end of the N Srinivasan era in Chennai's India cements.
Aditya Birla Group owned Ultratech will be buying the promoter group of India Cements. UltraTech will pay Rs. 3,954 crores at Rs. 390/ share for buying 32.72% stake in India Cements from the promoters & their associates. This will trigger a mandatory open offer, at Rs 390/ share.
Cement Cartel of the south broken. It is now Adani vs Birlas in Cement industry. Bad times ahead for Helicopter Shot Captain and DMK as their favourite businessmen has just quit the business
It's now official.
The end of the N Srinivasan era in Chennai's India cements.
Aditya Birla Group owned Ultratech will be buying the promoter group of India Cements. UltraTech will pay Rs. 3,954 crores at Rs. 390/ share for buying 32.72% stake in India Cements from the promoters & their associates. This will trigger a mandatory open offer, at Rs 390/ share.
Cement Cartel of the south broken. It is now Adani vs Birlas in Cement industry. Bad times ahead for Helicopter Shot Captain and DMK as their favourite businessmen has just quit the business
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