Sagar Cements (SCL) has received in-principle approval for the
acquisition of 100% equity stake in BMM Cements, which owns a cement
plant of 1 million tonne capacity per annum and a captive thermal power
plant of 25 MW capacity in Gudipadu near Tadipatri Anantapur District in
the state of Andhra Pradesh. This company which has an Enterprise Value
of Rs 540 crore has limestone reserves of around 155 million tonnes
(MT). Real Time News & Trading Trends Keep Liking Epic Research Private Limited
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