Reliance Infra completes sale of cement business to Birla Corp

The Rs 4,800-crore deal for 5 mt capacity business was announced in February 2016

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BS Reporter Mumbai
Last Updated : Aug 22 2016 | 7:23 PM IST

Reliance Infrastructure said it completed sale of Reliance Cement to Birla Corporation, the flagship Company of the MP Birla Group.

The Rs 4,800-crore deal for 5 mt capacity business was announced in February 2016 and has now been completed with transfer of hundred percent shares and receipt of sale consideration.

 

 

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First Published: Aug 22 2016 | 7:10 PM IST

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