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,...
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...