Dalmia is one of the leading cement suppliers in India; it even supplies to the top companies. The Dalmia cement factory employs the best manufacturing techniques that ensure best quality cement for construction.
The National Company Law Appellate Tribunal (NCLAT) last week had refused to stay the CoC’s deadline of May 23, 2018, for Dalmia group’s cement company to match UltraTech’s revised offer for Binani Cement.
History of Dalmia Cement (Bharat) The company was founded in 1935 by Jaidayal Dalmia, with the cement division being set up in 1939. Headquartered in New Delhi with the cement, sugar, travel agency, magnesite, refractory and electronic operations, the company boasts of over 70 years of strong experience.
While the committee of creditors (CoC) of Binani Cement is expected to consider a revised offer from UltraTech Cement along with the company’s resolution plan for the debt-laden cement maker on Monday, rival Dalmia Bharat-controlled Rajputana Properties has again moved the Supreme Court, challenging an order of the National Company …
Apr 09, 2018· Dalmia Bharat Cement News: Latest and Breaking News on Dalmia Bharat Cement. Explore Dalmia Bharat Cement profile at Times of India for photos, videos and latest news of Dalmia Bharat Cement.
While the National Company Law Appellate Tribunal (NCLAT) on Tuesday rejected Dalmia Bharat’s petition for a status quo on the resolution process for Binani Cement, the company is unlikely to raise the offer for the cement firm to better that by UltraTech Cement, sources close to the developments ...
UltraTech Cement has received Competition Commission of India approval to acquire Binani Cement. The company was declared the second-highest bidder, behind Dalmia Bharat Cement, in the bidding for the stressed asset.
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