Foray into sunrise sectors of Aerospace, Defense and EV components business· Strategic acquisition of 59.25% stake in MPPL business for a consideration of ₹682 crores· Acquisition being funded by mix of debt and internal accruals, Group to remain net cash positive post acquisition· Raymond Group to consolidate its engineering business of JK Files, RPAL and […]
Tag: acquisition
Siam Cement BigBloc Construction Technologies completes Land Acquisition for the Joint Venture Plant
Setting up 3 lakh cubic meter per annum facility with an estimated capex of Rs. 65 crore to bring new age AAC Panels to India Highlights:- – Land Acquisition completed in Kheda District near Ahmedabad to manufacture AAC Blocks and AAC Panels – Plant is expected to start commercial operations in Calendar year 2023 – […]