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Sagar Cements completes acquisition of grinding unit in Andhra Pradesh

02 Nov 2016 Evaluate

Sagar Cements has successfully completed the acquisition of the entire assets in the grinding unit of 1,81,500 tons per annum capacity in Bayyavaram, Yizag District, Andhra Pradesh, owned by Toshali Cements, Hyderabad, at a cost of around Rs 60 crore (including transaction cost).

Sagar Cements is one of the most modern mini cement plants in the state of Andhra Pradesh. The plant is based on Dry Process Rotary Kiln Technology that is used in ‘Standard Quality' cement companies.

Peers
Company Name CMP
Ultratech Cement 10620.10
Ambuja Cements 358.65
ACC 1167.00
Shree Cement 22300.90
Dalmia Bharat 1625.30
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