Jaypee Group sells cement plants to Ultratech for Rs
4/4/2016#0183;#32;However, the size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates decided not to sell its cement plant in Karnataka. NEW DELHI: Debtridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birlaled Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector.