Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Orient Cement Ltd to explore setting up of Cement Grinding Unit at Tiroda, Maharashtra

Posted On: 2021-09-24 22:35:09 (Time Zone: IST)


Orient Cement Ltd has identified land ad measuring approximately thirty-five (35) acres in Tiroda, District: Gandia, Maharashtra, India ("Said Land") for exploring the possibility of establishing a Cement Grinding Unit ("CGU") in the State of Maharashtra. In this regard, the Company has entered info a non-binding Memorandum of Understanding ("MoU") with Adani Power Maharashtra Limited on September 23, 2021 for setting out the understanding for facilitating bona fide use of the land for setting up CGU in the State of Maharashtra. The significant terms of the MoU include providing the Said Land, of which Adani Power Maharashtra Limited is the lawful lessee, and to obtain required environmental clearances and approvals for subleasing of the Said Land and use of railway siding facility from th~ regulatory authorities.

In the event necessary approvals are not obtained, the Parties shall be entitled to terminate this MoU without incurring any liability to each other and on termination of the MoU, the Parties shall be discharged of their obligations.

This MoU shall be effective from the date of execution by the Parties ("Effective Date") for a term of six (6) months and the definitive agreements outlining mutual rights and obligations will be entered in due course of time. The MoU shall cease to exist once the definitive agreements are signed between the Parties.

Shares of ORIENT CEMENT LIMITED was last trading in BSE at Rs. 158.2 as compared to the previous close of Rs. 160.8. The total number of shares traded during the day was 69796 in over 920 trades.

The stock hit an intraday high of Rs. 163.75 and intraday low of 154.45. The net turnover during the day was Rs. 11193422.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Medinova Diagnostic Services Ltd announces Q2FY22 results

Premier Explosives Ltd Q2FY22 consolidated net profit rises to Rs. 3.09 crore

Modi Naturals Ltd Q2FY22 net profit slips QoQ to Rs. 2.99 crore

Welspun Corp Ltd consolidated Q2FY22 PAT slides to Rs. 84.90 crore

Bajaj Holdings and Investment Ltd Q2FY22 consolidated net profit climbs to Rs. 1131.57 crore

SBI Cards and Payment Services Ltd Q2FY22 net profit higher at Rs. 344.90 crore

Kirloskar Oil Engines Ltd consolidated Q2FY22 PAT up QoQ at Rs. 42.31 crore

Oracle Credit Ltd Q2FY22 net profit at Rs. 4.22 lakhs

CCL Products India Ltd posts consolidated PAT of Rs. 49.34 crore in Q2 FY2021-22

Laurus Labs Ltd consolidated Q2FY22 PAT falls to Rs. 201.90 crores

Dishman Carbogen Amcis Ltd Q2FY22 consolidated PAT at Rs. 11.19 crores

Zydus Wellness Ltd reports consolidated profit of Rs. 21.47 crore in Q2 FY2021-22

Saint-Gobain Sekurit India Ltd posts Rs. 28.54 crore PAT in Q2FY22

Intellect Design Arena Ltd Q2FY22 consolidated PAT at Rs. 79.24 crore

Sintex Plastics Technology Ltd reports profit in Q2FY22

The South India Paper Mills Ltd Q2FY22 PAT slides to Rs. 4.09 crore

Transport Corporation of India Ltd Q2FY22 consolidated PAT surges to Rs. 75.41 crore

Kuantum Papers Ltd Q2FY22 PAT at Rs. 10.51 crore

Gujarat Terce Laboratories Ltd Q2FY22 consolidated net profit at Rs. 45.36 lakhs

APL Apollo Tubes Ltd reports consolidated PAT of Rs. 131.30 crore in Q2FY22

Valiant Organics Ltd consolidated Q2 PAT drops to Rs. 25.59 crore

Coromandel International Ltd Q2FY22 consolidated PAT up QoQ to Rs. 519.31 crore

Indian Bank reports consolidated PAT of Rs. 1096.57 crore

Marico Ltd consolidated Q2FY22 PAT at Rs. 309 crore

Emami Paper Mills Ltd Q2FY22 PAT drops QoQ to Rs. 22.91 crores

Kokuyo Camlin Ltd Q2 FY2021-22 net profit at Rs. 4.68 crore

Transport Corporation of India Ltd Board approves interim dividend of Rs. 2

Oriental Carbon and Chemicals Ltd board declares interim dividend of Rs. 7

Jindal Stainless Hisar Limited announces Q2FY22 earnings

Infibeam Avenues Limited announces Consolidated Financial for Quarter Ending September 2021

Easy Trip Planners Limited to acquire Traviate - India's First B2B Travel Marketplace

DJ Mediaprint & Logistics Limited has secured orders from Hindustan Unilever Limited

Sun Pharma's PrILUMYA™ now available to help Canadians living with moderate-tosevere plaque psoriasis

Adani Transmission raises USD 700 Mn in one of Asia's largest revolving project financing deals

BCPL Railway Infra secures a construction order in the Railway electrification segment

NH TherAguix announces the release of a new clinical batch for its drug AGuIX, manufactured by CARBOGEN AMCIS

Oriental Carbon and Chemicals Ltd posts consolidated PAT of Rs. 13.34 crore in Q2FY22

Apcotex Industries Ltd Q2 FY2021-22 net profit up at Rs. 22.26 crore

Johnson Controls-Hitachi Air Conditioning India Limited Q2FY22 loss at Rs. 9.27 crore

Gujarat Gas Ltd Q2FY22 consolidated PAT declines to Rs. 249.13 crore

Asit C Mehta Financial Services Ltd posts consolidated loss of Rs. 34.20 lakhs in Q2FY22

CIL Securities Ltd posts PAT of Rs. 50.96 lakhs in Q2 FY2021-22

KG Denim Ltd Q2FY22 consolidated PAT at Rs. 67 lakhs

Simplex Mills Company Ltd posts Rs. 18.08 lakhs PAT in Q2FY22

Lokesh Machines Ltd posts net profit of Rs. 1.60 crore in Q2FY22

V-Guard Industries Ltd consolidated Q2FY22 net profit climbs to Rs. 59.40 crore

Ganesha Ecosphere Ltd reports consolidated net profit of Rs. 14.25 crore in Q2 FY2021-22

D B Corp Ltd reports Rs. 53.77 crore consolidated PAT in Q2FY22

Aavas Financiers Ltd posts consolidated Q2FY22 net profit of Rs. 91.90 crore

JSW Holdings Ltd posts consolidated PAT of Rs. 104.1771 crore in Q2 FY2021-22


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020