Gold Silver Reports (GSR) – Binani Industries Falls As UltraTech To Issue Rs 7,270 Crore Comfort Letter To Buy Cement Unit — Shares of the Mumbai-based cement maker fell as much as 3.7 percent to Rs 94.50 after UltraTech board agreed to consider Binani Industries’ request to issue the comfort letter confirming to provide Rs 7,270 crore, being the amount, it offered the creditors’ panel in terms of resolution plan submitted to buy Binani Cement.
Binani Industries Falls As UltraTech To Issue Rs 7,270 Crore Comfort Letter To Buy Cement Unit
