Jaiprakash Associates provides update on subsidiary

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Capital Market
Last Updated : Oct 06 2016 | 6:01 PM IST

Board of Jaiprakash Power Ventures approves sale of Nigrie Cement Grinding unit

Jaiprakash Associates announced that the Board of Directors of Jaiprakash Power Ventures (JPVL), a subsidiary of the Company, in their meeting held on O6 October 2016 has approved the sale of Nigrie Cement Grinding Unit to Orient Cement based on an enterprise value of Rs. 500 crore.

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First Published: Oct 06 2016 | 5:39 PM IST

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