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Bigbloc Construction acquires 100% stake in Hilltop Concrete

25 Oct 2018 Evaluate

Bigbloc Construction has acquired 49,93,000 equity share constituting 100% of the total share of Hilltop Concrete. Hilltop Concrete is Wholly Owned Subsidiary (WOS) company of Bigbloc Construction with effect from October 25, 2018. Cost of acquisition amounts to Rs 20 crore.

Bigbloc Construction is engaged in the business of manufacturing of building blocks and AAC Bricks.

Peers
Company Name CMP
Ultratech Cement 10865.10
Ambuja Cements 349.00
ACC 1137.90
Shree Cement 22319.50
Dalmia Bharat 1611.65
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