Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bid
- Posted on May 17, 2026
- By Business News Today
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- 1 min read
Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bid
In a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this bid falls short of the company's liquidation value, prompting lenders to engage in discussions with Ambuja for a more favorable offer.
