Wednesday 21 March 2018

No violation in Rs 7,266 cr bid for Binani Cement under IBC, says UltraTech

NEW DELHI: Aditya Birla group firm UltraTech Cement today said that it has not violated the IBC in offering a Rs 7,266 crore bid to acquire debt ridden Binani Cement (BCL), which was already set to be sold to the Dalmia Bharat group by its creditors.

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via No violation in Rs 7,266 cr bid for Binani Cement under IBC, says UltraTech

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