JPVL’s board approves sale of nigri cement grinding unit located in mp
New Delhi, Oct 10 (PTI) Jaiprakash Power Ventures Limited (JPVL) has approved the sale of its cement grinding unit located at Nigri in Madhya Pradesh along with other non-core assets. The company gave this information on Monday.
“The Board of Directors of the company in its meeting held on October 10, 2022, decided to sell the Nigri Cement Grinding unit as well as other non-core assets,” JPVL told stock exchanges.
The meeting was organized to apprise the Board of the recommendations of the Audit Committee regarding disinvestment proposals of the Cement Grinding Unit. The meeting also reviewed the progress in the direction of debt reduction of the company.
