Jaiprakash Power Ventures board approves sale of Nigrie cement grinding unit in M.P.

PTI Updated - October 10, 2022 at 01:40 PM.

The company’s board also decided to sell other non-core assets

Jaiprakash Power Ventures Ltd (JPVL) on Monday said it has decided to sell its cement grinding unit in Nigrie, Madhya Pradesh along with other non-core assets.

"The board of directors in its meeting held on October 10, 2022, has decided to divest Nigrie cement grinding unit as well as other non-core assets," the company said in a BSE filing.         T

The meeting was convened to apprise the board of the recommendations of the audit committee regarding proposals of divestment of the unit and review the progress made in the reduction of company's debt.

Published on October 10, 2022 08:10

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.