Cement News tagged under: Calcom Cement
GuarantCo files a petition for insolvency against Calcom Cement15 October 2019, Published under Cement NewsMauritius-based GuarantCo has filed a petition for insolvency against Calcom Cement India (Dalmia Cement (Bharat)), regarding an alleged non-payment of around INR1bn (US$14m). GuarantCo, a financial creditor of the cement manufacturer, filed the insolvency petition against the company at the Guwahati bench of the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code (IBC), according to The Financial Express. According to the petition, there was a total... |
Dalmia Cement buys additional stake in Calcom04 December 2012, Published under Cement NewsDalmia Bharat Enterprises has informed the Bombay Stock Exchange that its subsidiary, Dalmia Cement (Bharat) has approved acquisition of additional 26 per cent stake in Calcom Cement for a consideration of INR77.16 crore. A share purchase agreement to this effect was signed on Friday. This consideration will be paid in multiple tranches and will be subject to the adjustments and other terms and conditions set out in the definitive agreements. |
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