Binani Cement Limited was admitted under Insolvency and Bankruptcy code 2016 as per the NCLAT order dated 14-11-2018, Binani Cement Limited became Wholly Own Subsidiary of Ultratech Cement Limited. The site is under construction.
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Binani Cement Jan-Mar net profit at 641.3 mln rupees

MUMBAI, April 21 (Reuters) -Binani Cement Ltd (BINC.BO: Quote, Profile, Research) has posted a net profit of 641.3 million rupees on a net sales of 3.36 billion rupees for January-March quarter.

The comparative figures for the year-ago figures were not available as the company was formerly an unit of Binani Industries Ltd (BINZ.BO: Quote, Profile, Research).