Gold Silver Reports (GSR) – Binani Industries Gains After UltraTech Signs Pact — Shares of the Binani Cement’s parent was locked in upper circuit. UltraTech Cement, yesterday, agreed to issue a letter of comfort for its increased bid to the cement maker’s lenders for termination of insolvency proceedings at the Kolkata bench of the NCLT, according to its exchange filing.
UltraTech
Stocks To Watch: Biocon, Future Retail, GAIL, InterGlobe, Ultratech
Stocks To Watch: Biocon, Future Retail, GAIL, InterGlobe, Ultratech — Stocks in Asia and U.S. equity futures fell, building on losses on Wall Street after a sell-off in technology shares bruised trader sentiment before a key Federal Reserve policy meeting.
Binani Cement Will Apply For Termination Of Insolvency As UltraTech Takeover Looms
Gold Silver Reports (GSR) – Binani Cement Will Apply For Termination Of Insolvency As UltraTech Takeover Looms — Debt-laden Binani Cement Ltd. will apply to the National Company Law Tribunal for termination of its insolvency proceedings after UltraTech Cement Ltd. signed a pact with its parent to buy the cement maker.
Binani Industries Falls As UltraTech To Issue Rs 7,270 Crore Comfort Letter To Buy Cement Unit
Gold Silver Reports (GSR) – Binani Industries Falls As UltraTech To Issue Rs 7,270 Crore Comfort Letter To Buy Cement Unit — Shares of the Mumbai-based cement maker fell as much as 3.7 percent to Rs 94.50 after UltraTech board agreed to consider Binani Industries’ request to issue the comfort …
What UltraTech’s Revised Bid For Binani Means
Gold Silver Reports (GSR) – 💚💚💚💚💚 What UltraTech Revised Bid For Binani Means — There is value in Binani Cement Ltd.’s assets for UltraTech Cement Ltd. even after the billionaire Kumar Mangalam Birla-led company topped Dalmia Bharat-led consortium’s offer. – Neal Bhai Reports (NBR) INDAI