Calcutta High Court rejects block to UltraTech Cement's acquisition of Century Textiles cement business

The Calcutta High Court rejected a plea for an injunction by MP Birla Group owners against the demerger process of Century Textiles and Industries' cement business, which is being acquired by UltraTech Cement.

“The Calcutta High Court has rejected a plea for an injunction by the owners of MP Birla Group into part of the acquisition process of Century Textiles and Industries by UltraTech Cement.”globalcement.com

• 2 sources
• globalcement.comCement industry news from Global CementGlobal Cement staffOct 23, 2018
• adityabirla.comBinani Cement Limited now a wholly owned subsidiary of UltraTechAditya Birla GroupNov 21, 2018

Summarized from public sources; check the original articles before acting on it.