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Barak Valley Cements to disinvest 55% stake in Valley Strong Cement (Assam)

14 Feb 2013 Evaluate

Barak Valley Cements has received an approval for disinvestment of up to 55% in its wholly owned subsidiary, Valley Strong Cement (Assam). The board at its meeting held on February 13, 2013 has approved for the same.

Barak Valley Cements is engaged in the business of manufacturing cement. Presently it manufactures various grades of OPC (Ordinary Portland Cement) and PPC (Portland Pozzolana Cement).

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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