ACC has done a "successful acquisition of 55 per cent stake in ACCPL (Asian Concretes and Cements Pvt Ltd) from its existing promoter at an enterprise value of Rs 775 crore resulting in entire ownership of ACCPL
ACC completely acquires Asian Concretes & Cements at enterprise value of Rs 775 cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
The MOU was signed with Rohit Vora, director, Adani Cementation limited and KG Nath deputy chairman, NMPT.
MANGALURU: The New Mangalore Port Trust (NMPT) and various stakeholders and prospective investors signed seven MoUs worth Rs 1,417 core at the Mangaluru Innovation Conclave on Wednesday. M Venkatesh, MD, MRPL and A.V Ramana Chairman, NMPT signed two MoUs including for the construction of a desalination plant in the land already leased out by NMPT at a proposed investment of Rs 637 crore. The other MoU was for the laying of BS-VI HSD pipeline from MRPL refinery premises to NMPT at a proposed cost of Rs 73 crore.