jsw cement

JSW Cement files DRHP for Rs 4,000 crore IPO. Check details

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JSW Cement files DRHP for Rs 4,000 crore IPO. Check details

JSW Cement, part of Sajjan Jindal’s JSW Group, has filed its draft red herring prospectus (DRHP) with capital markets regulator Sebi to raise funds through an IPO worth Rs 4,000 crore. The issue comprises a fresh equity sale of Rs 2,000 crore and an offer for sale (OFS) of Rs 2,000 crore. Under the OFS, … Read more

NCLT admits Vadraj Cement for insolvency process

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NCLT admits Vadraj Cement for insolvency process

Mumbai: Vadraj Cement, which was stuck in liquidation for more than five years under the Bombay High Court, has been shifted to the National Company Law Tribunal (NCLT) for debt resolution, giving lenders a glimmer of hope to recover more than half of their dues. Last Friday, NCLT pronounced an order to admit Vadraj Cement, … Read more