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KCP to sell biotech unit located at Andhra Pradesh

07 Dec 2012 Evaluate

KCP has received an approval to sell/transfer or otherwise dispose of the biotech unit of the company located at Genome Valley, Turkapally village, Alexandria Knowledge Park in Andhra Pradesh. The board at its meeting held on December 07, 2012 has approved for the same. The board has also authorized to conduct a postal ballot to obtain consent of shareholders for the same.

KCP is a diversified business group with interests in heavy engineering, sugar, cement, hydel power, information technology and biotechnology. KCP's cement division has a state-of-the-art cement manufacturing plant at Macherla in Andhra Pradesh.

KCP Share Price

164.40 5.20 (3.27%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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