Cement News tagged under: Century Textiles & Industries
UltraTech Cement outlines Century 'Scheme of Arrangement'01 October 2019, Published under Cement NewsUltraTech Cement's Board of Directors has declared the Scheme of Arrangement between Century Textiles and Industries Ltd (Century), the company and their respective shareholders and creditors (the Scheme) to be effective from 1 October 2019. For the scheme, the company will issue one equity share of face value INR10 (US$0.14) each for every eight equity shares of face value INR10/each held by the shareholders of Century, as on the record date to be decided by Century. This acquisition furt... |
India: UltraTech-Century merger talk heightens28 July 2015, Published under Cement NewsUltraTech Cement Ltd and Century Textiles & Industries Ltd are in talks with their respective dealers to synchronise their cement distribution network, trade sources told Cogencis. UltraTech and Century Textiles dealers have been told that a combined sales approach could be in place by October. The move has led to resurfacing of talk that Century Textiles' cement division will be merged with UltraTech. The Aditya Birla group-owned UltraTech Cement and the BK Birla-owned Century Tex... |
Century Textiles Manikgarh unit starts production07 October 2014, Published under Cement NewsCentury Textiles & Industries has commenced production and started cement dispatches from its Manikgarh Cement Unit No II as of 26 September 2014. The new facility, which is an expansion of the Manikgarh Cement plant, has a capacity of 2.8Mta. The plant is situated in the western Indian state of Maharashtra. |
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