Bigul

Dalmia Bharat set to buy Binani Cement; Ultra Tech likely to challenge deal

Interestingly, in the first round of bids for Binani Cement, JSW Cement had emerged the highest bidder
15-03-2018
Bigul

Dalmia Cement gets CCI nod for the acquisition of Binani Cement

Dalmia Cement's bid for Binani was the best received by the resolution professional and the committee of creditors
08-03-2018
Bigul

IBC in tangle: Rival bidders take legal routes to put spanner in process

When the UK-based Liberty House questioned the rejection of its bid for Bhushan Power and Steel, the promoter holding firm of Binani Cement challenged the liquidation value set by Interim Resolution Professional (IRP).
26-02-2018
Bigul

Once bitten, JSW wants formal nod from banks to takeover Jaypee Infra

JSW lost out in race of Binani Cement despite highest offer
23-02-2018
Bigul

Insolvency: Binani Industries questions cement arm's bidding process

Resolution professional has personal interests, says firm in NCLT filing
21-02-2018

Bain-backed Dalmia consortium said to submit highest bid for Binani Cement

Dalmia Bharat consortium, with backing from Bain Capital, is said to have made a final offer of more than Rs6,300 crore for Binani Cement, which is being sold under the insolvency process
20-02-2018
Bigul

Announcement under Regulation 30 (LODR)-Updates

This is to inform you that Binani Industries Limited(BIL) has filed an application under Section 60(5) of the Insolvency and Bankruptcy Code 2016 read with Rule 11 of the National Company Law Tribunal Rules, 2016 inter alia seeking permission to fully participate in the Insolvency Resolution Process of the Corporate Debtor viz. Binani Cement Limited a subsidiary of BIL to ensure that the resolution process adequately protects and preserves the rights...
19-02-2018

Bain Capital-backed consortium is said to be highest bidder for Binani Cement

An investor group led by Dalmia Bharat with backing from Bain Capital submits the highest bid for Binani Cement, which is being sold under India's insolvency process
17-02-2018
Bigul

Bidders to get another shot at bankrupt Binani

New liability of Rs 1,600 crore has cropped up, evaluation method also finalised.
05-02-2018
Bigul

Financial Results For 12312017

REG: UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER, 2017 AS PER REGULATION 33 UNDER SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS), REGULATIONS, 2015 Enclosed please find herewith copy of the unaudited financial results of the Company along with Limited Review Report as Submitted by M/S MSKA & Associates. Chartered Accountants as per Regulation 33 under SEBI (Listing Obligation and Disclosure Requirements) Regulation...
29-01-2018
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