UltraTech
UltraTech raises offer for Binani Cement to Rs7,990 cr
16 Apr 2018
Since lenders cannot accept the revised offer of Rs7,990 crore, although it is Rs1,290 crore more than Dalmia Bharat’s approved bid, operational creditors of Binani Cement are now seeking a forensic audit of the resolution process and a change of resolution professionals
UltraTech hopes to acquire Binani Cement with backing from lenders
09 Apr 2018
Ultratech’s chances of winning Binani Cement, however, depend on the Supreme Court’s decision on the legality of awarding the bankrupt business to another bidder after the Dalmia Bharat-Bain Piramal consortium was declared winner
UltraTech gets CCI nod for Binani Cement bid
29 Mar 2018
UltraTech to challenge Binani sale to Dalmia-led consortium
19 Mar 2018
UltraTech Cement said the bankruptcy resolution process at Binani Cement was ‘shrouded in secrecy’ with bidders not allowed to participate in meetings, and ‘the Aditya Birla Group will not take this lying down'
