Dalmia Bharat set to acquire Murli Industries

New Delhi: Cement manufacturer Dalmia Bharat today said its Rs 402 crore bid to acquire Murli Industries Ltd (MIL) has been approved by the Committee of Creditors (CoC) of the Nagpur-based company. The resolution plan submitted by Dalmia Cement (Bharat) Ltd,...

by Nagpur Today | Published 7 years ago
By Nagpur Today On Wednesday, March 11th, 2015

Murli Industries assets attached for loan default

Nagpur:  A consortium of banks led by Bank of Baroda have attached the assets of Murli Industries limited belonging to the city-based Maloo Group. The Maloo Group has interests in paper, cement, chemicals and also solvent extraction. Sources in the banks...