NEW DELHI: Aditya Birla Group firm UltraTech Cement on Thursday said it has changed the name of Binani Cement to UltraTech Nathdwara Cement Ltd after acquiring the debt-ridden company. The… Read more »
The Dalmia Bharat Group-backed consortium has decided not to revise its bid to match that of UltraTech for acquiring the stressed assets of Binani Cement. The deadline for the consortium… Read more »
NEW DELHI: The operational creditors (OCs) of debt-ridden Binani Cement lauded the NCLT order which directed the lenders to consider the revised bid of UltraTech Cement and reiterated its demand… Read more »
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has refused to stay the NCLT proceedings on the resolution process of debt-ridden Binani Cement. The appellate tribunal, however, admitted the… Read more »
KOLKATA| NEW DELHI: Aditya Birla group firm UltraTech Cement told the Kolkata bench of NCLT that the process followed by the Resolution Professional and the Committee of Creditors while evaluating… Read more »
NEW DELHI: Aditya Birla group firm UltraTech Cement said that it has not violated the IBC in offering a Rs 7,266 crore bid to acquire debt ridden Binani Cement (BCL),… Read more »
NEW DELHI: In a new twist to the auctioning of Binani Cement, Aditya Birla Group’s UltraTech Cement said it will buy the loan defaulter’s stressed assets by providing Rs 7,266… Read more »