Corporate News 17-Feb-22
Shree Cement Group to acquire balance stake in UAE-based Union Cement Norcem
Shree Cement announced that its step down subsidiary in UAE, Union Cement Company PrJSC presently holds 60% Equity Capital of Union Cement Norcem Co. situated in UAE. Shree Global FZE, a wholly owned subsidiary of the company situated in UAE has agreed to acquire remaining 40% stake in UCN. The transaction value of the same would be AED 14.50 million (approx. Rs 30 crore). The said acquisition is likely to be consummated by 30 June 2022.
Union Cement Norcem is engaged in the business of marketing oilwell cement.
Previous News
Shree Cement standalone net profit declines 15.95% in the March 2022 quarter
( Results - Announcements 21-May-22 14:52 )
Shree Cement consolidated net profit declines 17.68% in the March 2022 quarter
( Results - Announcements 21-May-22 15:15 )
Shree Cement Q4 PAT climbs 21% YoY to Rs 662 cr
( Hot Pursuit - 15-May-24 12:00 )
Board of Shree Cement appoints director
( Corporate News - 21-May-22 14:05 )
Shree Cement director resigns
( Corporate News - 13-Feb-23 19:36 )
Shree Cement enhances capacity of unit at Jharkhand
( Corporate News - 22-Apr-23 14:45 )
Board of Shree Cement recommends dividend
( Corporate News - 23-May-23 15:46 )
Board of Shree Cement recommends final dividend
( Corporate News - 22-May-19 11:51 )
Shree Cement Q2 FY22 PAT rises 7% to Rs 564 cr
( Hot Pursuit - 01-Nov-21 09:48 )
Shree Cement to declare Quarterly Result
( Corporate News - 10-Jan-19 10:47 )
Shree Cement
( Results - Analysis 16-Nov-15 11:53 )
Other Stories
Euro Leder Fashion announces board meeting date
18-May-24 17:25
Sainik Finance & Industries to announce Quarterly Result
18-May-24 17:25
Optiemus Infracom announces board meeting date
18-May-24 17:25
Shalibhadra Finance schedules board meeting
18-May-24 17:24
Sunraj Diamond Exports announces board meeting date
18-May-24 17:24
Salguti Industries to discuss results
18-May-24 17:24
Bilcare to hold board meeting
18-May-24 17:24
Board of Sirca Paints India recommends Final Dividend
18-May-24 17:12
Board of Gujarat Ambuja Exports recommends Final Dividend
18-May-24 17:12
Board of Ask Automotive recommends Final Dividend
18-May-24 17:12
Back
Top