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The Takeover of Raasi Cement

The Takeover of Raasi Cement

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Published by JAKAN
Raasi cement , india cement ,business strategy
Raasi cement , india cement ,business strategy

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Categories:Types, Research
Published by: JAKAN on Mar 27, 2010
Copyright:Attribution Non-commercial

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11/04/2012

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THE TAKEOVER OF RAASICEMENT BY INDIA CEMENT
SUBMITTED BY
JAKANATHANSYED MOHAMMAD FAIZANGOPINATHVIGNESHWARANARUNAGIRISENTHIL
 
RAASI CEMENT
Raasi cement promoted by B.V.Raju and N P K Rajuin 1978.Main Industry is located in Hyderabad.Raasi owned 39.5% stake on sri Vishnu cement Ltd.(SVCL)Raasi had a Bailout Takeover on SVCL and Raasi isnurturing SVCL.Raasi's cement division had a capacity of 1.60 mtpaand it is a low cost cement producer.Other than cement, the group also had interests inceramics and paper B.V.Raju ±vice chairman of Raasi cement.
 
India cement limited
Indian Cement Ltd., was one of the largest cement producers insouth India. Established in 1946 in Tamilnadu.Cement constituted approximately 97% of ICL's total revenues.The process of acquisitions triggered off and started with takingover of Visaka Cement and CCI's plant at Yerraguntla, (AndhraPradesh) and Grasim taking over Dharani Cement and ShriDigvijay Cements...In early 1998, ICL had six cement plants, three each in TamilNadu and Andhra Pradesh.ICL entered Andhra Pradesh by acquiring the Chilamakur plantfrom Coromandel Fertilizers in 1990.N.srinivasan ±vice chairman of ICL

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