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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 12240.00
Ambuja Cements 388.00
ACC 1226.80
Shree Cement 24770.40
Dalmia Bharat 1466.70
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