India: Anjani Portland Cement has agreed to acquire a further 3% in Bhavya Cements to bring its stake in the company to 92% from 89%. The group says that its aim is to further consolidate its shareholding. In early June 2021, Anjani Portland Cement completed its purchase of an 83% stake in Bhavya Cements to increase its shareholding to 89% from 6%.
Anjani Portland Cement increases Bhavya Cements stake to 92%
URL: https://globalcement.com/news/item/12719-anjani-portland-cement-increases-bhavya-cements-stake-to-92
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