Edition:
United Kingdom

Jaiprakash Associates approves scheme of arrangement with Ultratech Cement


Monday, 4 Jul 2016 

Jaiprakash Associates Ltd : Board has reviewed progress of divestment plans and approved the scheme of arrangement with Ultratech Cement Limited . Board has constituted a committee of directors to evaluate various options necessitating financial restructuring . Total enterprise value for deal now agreed is 161.89 billion rupees .