Bokaro Jaypee Cement was formed as a 74:26 joint venture between Jaiprakash Associates and Steel Authority of India (SAIL).
"The total consideration for 100 per cent acquisition of BoJCL is same as that of the earlier 74 per cent purchased from Jaiprakash Associates (i.E. Aggregate enterprise value of Rs 1,150 crore for 100 per cent stake)," Dalmia Bharat said in a filing to BSE.
Dlamia Bharat had in March acquired Jaiprakash Associates's 74 per cent stake in the venture.
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