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Anjani Portland Cement Limited to acquire Bhavya Cements Pvt Ltd equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Anjani Portland Cement has entered into a Share Purchase Agreement with Bhavya Cements (Investee Company) and its Promoters, for acquisition of controlling stake in the equity shares capital of the Investee Company at a Provisional Price of Rs. 51.53/- per share, subject to fulfilment of conditions precedent. The objective of the acquisition is to improve the market presence of the company with addition of a new brand. The acquisition would increase the cement manufacturing capacity under the control of the company substantially. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....