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Anjani Portland Cement to disinvest 49% stake in Vennar Ceramics

10 Mar 2014 Evaluate

Anjani Portland Cement has received an approval for 49% disinvestment of its investments in Vennar Ceramics. The board of directors at its meeting held on March 07, 2014 has considered and approved for the same.

Besides, the board has also approved 100% disinvestment in Hitech Print Systems. Subsequent to this disinvestment, the company does not have any other investments.

Anjani Portland Cement, formerly known as Anjani Cement, is engaged in the business of manufacturing of cement. The company’s products include OPC (Ordinary Portland Cement) 53 Grade, OPC (Ordinary Portland Cement) 43 Grade and PPC (Portland Pozzolana Cement).

Peers
Company Name CMP
Ultratech Cement 11050.10
Ambuja Cements 348.50
ACC 1130.30
Shree Cement 23069.05
Dalmia Bharat 1324.70
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