2. Birla Corporation Limited
• Birla Corporation Limited is the flagship Company of the M.P.
Birla Group. Incorporated as Birla Jute Manufacturing
Company Limited in 1919.
• Mr. Harsh V. Lodha is the present Chairman of the Company.
• It has products ranging from cement, power and telecom
cables, jute, healthcare and education. Cement constitutes
more than 90% of the company revenue.
3. Birla Cement
• The Cement Division of Birla Corporation Limited has seven
plants, two each at Satna (M.P.) , Chanderia (Rajasthan),
Durgapur (West Bengal), one at Raebareli (U.P.).
• The cement is marketed under the brand names of Birla
Cement SAMRAT, KHAJURAHO, CHETAK and Birla
Premium Cement.
• They manufacture varieties of cement like Ordinary Portland
Cement (OPC), 43 & 53 grades, Portland Pozzolana Cement
(PPC) and other varieties of cement.
4. Reliance Infrastructure
• Reliance Infrastructure Limited is a constituent of the Reliance
Group, one of the leading business houses in India. It was
incorporated in 2002.
• Shri Anil Dhirubhai Ambani, is the Chairman of all listed
companies of the Reliance Group.
• The Reliance Group companies includes Reliance
Infrastructure, Reliance Communications, Reliance Capital
and Reliance Power.
5. Reliance Cement
• Reliance Cement Company Private Limited (RCCPL) was
established in 2007 as a wholly owned subsidiary of Reliance
Infrastructure Ltd.
• Reliance Cement has plants with total installed capacity of 5.8
Million Ton Per Annum (MTPA). Of these 2.8 MTPA is at
Maihar in Madhya Pradesh, 2.2 MTPA at Kundanganj in Uttar
Pradesh and 0.5 MTPA at Butibori in Maharashtra.
6.
7. Birla cement acquires Reliance Cement
• On 4th February 2016, Anil Ambani-owned Reliance
Infrastructure, sold its cement subsidiary to Birla Corp for Rs
4,800 crore at a valuation of $140 a tonne.
• The deal was sealed hoping to boost Birla Corp’s production
capacity.
• The flagship company of M P Birla group is still not amongst
India’s top five cement companies.
8. • Reliance Infrastructure had consolidated debt of Rs 25,800
crore at the end of the last financial year and is selling several
assets to improve financial health.
• The group had announced plans to raise Rs 14,000 crore by
selling cement and road assets by March 2017
• Selling Reliance Cement is the first step for making RInfra
debt-free on a standalone basis.