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binani cement becomes ultratechs subsidiary

Nov 23 2018 UltraTech Cement has made an announcement confirming that the companys board of directors has approved the proposal of incorporating Binani Cement BCL as a whollyowned subsidiary Apparently the revised bid by Aditya Birla group owned UltraTech Cement for debtridden Binani Cement was recently approved by the National Company Law Appellate Tribunal NCLAT

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