Displaying items by tag: Bhavya Cement
Bhavya Cements merges into Anjani Portland Cement
10 January 2024India: Anjani Portland Cement has completed the amalgamation of Bhavya Cements into itself. Bhavya Cements operates the 1.4Mt/yr Bhavya cement plant in Andhra Pradesh.
India: The board of directors of Anjani Portland Cement has approved the proposed amalgamation of Bhavya Cements into the company, Reuters has reported. Anjani Portland Cement first acquired a majority stake in Bhavya Cements in mid-2021
India: Anjani Portland Cement has agreed to acquire a further 3% in Bhavya Cements to bring its stake in the company to 92% from 89%. The group says that its aim is to further consolidate its shareholding. In early June 2021, Anjani Portland Cement completed its purchase of an 83% stake in Bhavya Cements to increase its shareholding to 89% from 6%.
India: Anjani Portland Cement has completed its acquisition of an 83% stake in Bhavya Cements. The transaction’s value was US$83.2m
Worker dies at Bhavya Cement plant in Andhra Pradesh
04 March 2020India: A worker has been killed after becoming trapped in a crusher at the Bhavya Cement plant in Andhra Pradesh. The incident took place when the 28-year old worker was cleaning the belt of the crusher, according to the New Indian Express newspaper. The local authorities have inspected the plant
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