Bhavya Cements

The board of directors of Anjani Portland Cement approved the amalgamation of Bhavya Cements into the company. Anjani Portland Cement first acquired a majority stake in Bhavya Cements in mid-2021.

Anjani Portland Cement has entered a share purchase agreement to acquire a controlling stake in Bhavya Cements at a provisional cost of Rs 51.53 per share. The acquisition aims to enhance cement manufacturing potential and consolidate the south Indian cement market.

Anjani Portland Cement has entered into a Share Purchase Agreement to acquire a controlling stake in Bhavya Cements at a provisional price of Rs 51.53 per share.