Press Releases

LATEST PRESS RELEASES

CK Birla Group flagship Orient Cement becomes a member of the Cement Sustainability Initiative (CSI)

25-04-2017

New Delhi, April 24, 2017 - Orient Cement Limited, a part of the diversified CK Birla Group, announced that it has joined the Cement Sustainability Initiative (CSI), a voluntary CEO-led business initiative operating under the umbrella of World Business Council...

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Orient Cement to acquire 74% stake in Bhilai Jaypee Cement Limited from Jaiprakash Associates Limited

06-10-2016

Orient Cement Limited (‘Orient Cement’) today agreed to acquire Jaiprakash Associates Limited’s (“JAL”) 74% stake in Bhilai Jaypee Cement Limited (“BJCL”) for an Enterprise Value of INR 1,450 crores. The Enterprise Value is on a cash-free, debt-free basis and is...

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Orient Cement to acquire cement asset from Jaiprakash Power Ventures Limited

06-10-2016

Orient Cement Limited (‘Orient Cement’) today agreed to acquire Nigrie Cement Grinding unit (“Nigrie unit”) from Jaiprakash Power Ventures Limited (“JPVL”) for an Enterprise Value of INR 500 crores. The Enterprise Value is on a cash-free, debt-free basis and is...

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Press Releases

CK Birla Group flagship Orient Cement becomes a member of the Cement Sustainability Initiative (CSI)

25-04-2017

New Delhi, April 24, 2017 – Orient Cement Limited, a part of the diversified CK Birla Group, announced that it has joined the Cement Sustainability Initiative (CSI), a voluntary CEO-led business initiative operating under the umbrella of World Business Council for Sustainable Development (WBCSD) and a global effort by major cement producers towards sustainable development. …

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Orient Cement to acquire 74% stake in Bhilai Jaypee Cement Limited from Jaiprakash Associates Limited

06-10-2016

Orient Cement Limited (‘Orient Cement’) today agreed to acquire Jaiprakash Associates Limited’s (“JAL”) 74% stake in Bhilai Jaypee Cement Limited (“BJCL”) for an Enterprise Value of INR 1,450 crores. The Enterprise Value is on a cash-free, debt-free basis and is subject to adjustments on account of working capital, if any. BJCL is a Joint Venture …

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Orient Cement to acquire cement asset from Jaiprakash Power Ventures Limited

06-10-2016

Orient Cement Limited (‘Orient Cement’) today agreed to acquire Nigrie Cement Grinding unit (“Nigrie unit”) from Jaiprakash Power Ventures Limited (“JPVL”) for an Enterprise Value of INR 500 crores. The Enterprise Value is on a cash-free, debt-free basis and is subject to adjustments on account of working capital, if any. Nigrie unit in Singrauli area, …

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CK Birla Group flagship Orient Cement posts volume growth of 43% for quarter; stabilisation of new greenfield plant progressing well

03-08-2016

New Delhi, August 03, 2016 – Orient Cement Limited, a part of the USD 1.6 billion diversified CK Birla Group, announced its financial results for the quarter ended June 30, 2016. The company has reported volume growth of 43% over the corresponding quarter last year on account of increasing volumes from both old operations and …

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