Monday, 19 March 2018

Binani Industries to sell 98.47% stake in cement arm to UltraTech

Mumbai: In the latest development in the battle to acquire Binani Cement, promoters Binani Industries has approached Ultratech Cement to sell equity shareholding in the company through a shares sale and purchase agreement in return of funds to pay off the debtors to the company, Ultratech said in a

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