Birla Corporation completes acquisition of Reliance Cement Company

Brla CementBirla Corporation said it has completed the acquisition of Reliance Cement company (RCCPL) through purchase of 100% shares in the company.

The previously Reliance Infrastructure owned company is now a wholly owned subsidiary of Birla Corporation added the company.

Early in February this year Birla Corporation had informed regarding the signing of agreement with RCCPL for the acquisition.

Reliance Cement Company Private Limited (RCCPL) is a wholly owned subsidiary of Reliance Infrastructure Ltd (RIL) with total installed capacity of 5.8 Million Tonne Per Annum (MTPA).

Birla Corporation Limited is an Indian based company of the M P Birla group of companies.