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ADAG to acquire Jayajothi Cements
Reliance Cementation, the cement arm of the Anil Dhirubhai Ambani Group is planning to acquire Sree Jayajothi Cements (SJJC) a part of the diversified Jayajothi Group of Tamil Nadu – with revenues in excess of Rs 300 crore. The group has aimed to emerge as one of the biggest cement players in the country. It had initially planned to set up four cement plants of 5 mn tonne capacity each at a total investment of Rs 10,000 crore. All the units were to come up in Madhya Pradesh.
Contact: Reliance Natural Resources Ltd. Tel: 022-3038 6010. Fax: 022- 3037 6633. Website: www.rnrl.in
Reliance Cementation, the cement arm of the Anil Dhirubhai Ambani Group is planning to acquire Sree Jayajothi Cements (SJJC) a part of the diversified Jayajothi Group of Tamil Nadu – with revenues in excess of Rs 300 crore. The group has aimed to emerge as one of the biggest cement players in the country. It had initially planned to set up four cement plants of 5 mn tonne capacity each at a total investment of Rs 10,000 crore. All the units were to come up in Madhya Pradesh. Contact: Reliance Natural Resources Ltd. Tel: 022-3038 6010. Fax: 022- 3037 6633. Website: www.rnrl.in