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Birla Corporation’s arm gets nod for restructuring of scope of second phase expansion

03 May 2024 Evaluate

Birla Corporation’s wholly owned material subsidiary -- RCCPL has received an approval for restructuring of the scope of second phase expansion of existing capacity of grinding cement plant at Kundanganj (Uttar Pradesh). Expansion in capacity as per the revised scope includes installation of new cement grinding line (mill No. 3) at the Kundanganj unit of RCCPL.  

The proposed capacity is to be added within two years.  The Board of Directors of RCCPL at their Board Meeting held on May 2, 2024 has approved restructuring.

Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.


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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