HEIDELBERG

Dec 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• RECEIVES TAX DEMAND, PENALTY ORDERS FOR 520.7 MILLION RUPEES

Source text: ID:nBSE8WqD9z

Further company coverage: HEID.NS

(([email protected];))

July 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA LTD JUNE-QUARTER NET PROFIT 482.3 MILLION RUPEES

• HEIDELBERGCEMENT INDIA LTD JUNE-QUARTER REVENUE FROM OPERATIONS 5.98 BILLION RUPEES

Source text: [ID:]

Further company coverage: HEID.NS

(([email protected];))

Jan 30 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA DEC-QUARTER NET PROFIT 51.9 MILLION RUPEES

• HEIDELBERGCEMENT INDIA DEC-QUARTER REVENUE FROM OPERATIONS 5.43 BILLION RUPEES

Source text: ID:nnAPN2LP205

Further company coverage: HEID.NS

(([email protected];))

Updates with Heidelberg's response in paragraph 7, share move in paragraph 12

Jan 27 (Reuters) - UltraTech Cement ULTC.NS, India's top cement producer by capacity, is in advanced talks with German firm Heidelberg HEIG.DE to acquire its Indian unit, Moneycontrol reported on Monday, citing sources familiar with the matter.

Executives from the Aditya Birla Group, UltraTech's parent, met Heidelberg management to discuss the acquisition of HeidelbergCement India HEID.NS, the report said, without specifying the value of the deal.

The German parent's 69% stake in its local arm was valued at around 33.8 billion rupees ($391.08 million) as of Friday's close.

The talks come months after newspaper Economic Times reported that UltraTech's rival Adani Group was in talks to buy the German parent's stake.

It was not immediately clear if the talks with Adani fell through. Moneycontrol's report did not specify the status of Adani Group's talks.

Besides the two majors, Heidelberg had also drawn interest from IPO-bound JSW Cement, multiple media outlets reported last year.

Heidelberg said in an emailed response that it does not comment on market rumours.

UltraTech, HeidelbergCement India and the Adani Group did not immediately respond to Reuters' requests for comment.

UltraTech and the Adani Group - which entered the sector in 2022 by buying the cement assets of Swiss firm Holcim HOLN.S - are engaged in a turf war to expand capacities and shore up market share, with cement demand expected to remain healthy, according to analysts.

In July, Heidelberg CEO Dominik von Achten said the group's market position in India was "not perfect yet" and it was looking at all options.

The company, which entered India in 2006 with a series of domestic acquisitions, now has four plants with an annual capacity of 12.6 million tonnes, according to its website.

HeidelbergCement India's shares traded 6% higher following the report. It is due to report quarterly results later this week.

UltraTech reported an upbeat third-quarter results last week.

($1 = 86.4275 Indian rupees)

(Reporting by Chris Thomas and Hritam Mukherjee in Bengaluru; Editing by Janane Venkatraman)

(([email protected];))

Oct 28 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA SEPT-QUARTER NET PROFIT 112.1 MILLION RUPEES

• HEIDELBERGCEMENT INDIA SEPT-QUARTER REVENUE FROM OPERATIONS 4.61 BILLION RUPEES

Source text: ID:nNSE6w0NVp

Further company coverage: HEID.NS

(([email protected];))

Updates with response from HeidelbergCement India, closing share levels in paragraph 4

BENGALURU, Oct 7 (Reuters) - The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials HEIG.DE in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter.

Led by billionaire Gautam Adani, the group entered India's cement industry in 2022 by buying Holcim's HOLN.S local units and has made a string of acquisitions since, as it jostles for market share with top producer UltraTech Cement ULTC.NS.

The Adani Group did not immediately respond to Reuters' request for comment.

HeidelbergCement India HEID.NS said in an exchange filing that "the company is unaware about any such development". Its shares closed 4% higher after jumping as much as 18% earlier in the day.

Heidelberg Materials declined to comment. Its shares were also set to open 1.2% higher in pre-market trade in Frankfurt.

In July, Chief Executive Dominik von Achten said the group's market position in India was "not perfect yet" and it was looking at all options, adding that the market faced a trend of consolidation.

Dealmaking has intensified in India's cement industry since Adani's foray, as government spending has boosted demand from housing and infrastructure.

The Adani Group would drop out of the race if it drew in other contenders, the Economic Times cited one of its sources as saying.

Last year, the Hindu BusinessLine reported that UltraTech and IPO-bound JSW Cement were also in the race for HeidelbergCement India.

Heidelberg Materials, which entered India in 2006 with a series of domestic acquisitions, now has four plants with an annual capacity of 12.6 million tonnes, it says on its website.

Increased competition over the last few quarters has cut into market share in its mainstay central India market.

HeidelbergCement India posted its first profit drop in five quarters in the three months to June as sales volume declined and a price cut weighed.

($1=83.9580 Indian rupees)

(Reporting by Chris Thomas, Nandan Mandayam and Hritam Mukherjee in Bengaluru; Additional reporting by Christoph Steitz; Editing by Mrigank Dhaniwala and Clarence Fernandez)

(([email protected];))

Jan 31 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA LTD DEC-QUARTER NET PROFIT 314.7 MILLION RUPEES VERSUS 55.8 MILLION RUPEES

• HEIDELBERGCEMENT INDIA LTD DEC-QUARTER REVENUE FROM OPERATIONS 6.07 BILLION RUPEES VERSUS 5.40 BILLION RUPEES

Source text for Eikon: ID:nBSE52NlJq

Further company coverage: HEID.NS

(([email protected];))

** Shares of HeidelbergCement India HEID.NS up as much as 2.58% at 192.7 rupees

** The building materials co said its net profit for the Sept qtr rose more than five-folds to 358 million rupees ($4.30 million)

** Rev from ops rose nearly 12% to 5.66 billion rupees

** Analysts' average rating is equivalent of "buy", their median PT is 178.5 rupees - LSEG data

** About 1.4 mln shares change hands as of 1:14 p.m. IST, 2.9 times the 30-day average

** Shares last up 1.8%, they gained 4% in Sept qtr

($1 = 83.2025 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Oct 3 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• UNAWARE ABOUT DEVELOPMENT ON REPORT 'JSW IN INITIAL TALKS TO CEMENT DEAL WITH HEIDELBERG MATERIALS FOR ITS INDIA BUSINESS'

Source text for Eikon: ID:nBSE523n9n

Further company coverage: HEID.NS

(([email protected];;))

July 18 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• HEIDELBERGCEMENT INDIA JUNE-QUARTER NET PROFIT 523.2 MILLION RUPEES VERSUS 516.1 MILLION RUPEES

• HEIDELBERGCEMENT INDIA JUNE-QTR REV FROM OPS 5.96 BLN RUPEES VS 5.9 BLN RUPEES

Further company coverage: HEID.NS

(([email protected];;))

May 29 (Reuters) - Heidelbergcement India Ltd HEID.NS:

• DIVIDEND OF 5 RUPEES PER SHARE

• MARCH-QUARTER NET PROFIT 349.7 MILLION RUPEES VERSUS 963.1 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 6.02 BILLION RUPEES VERSUS 6.20 BILLION RUPEES

Source text for Eikon: ID:nBSE3v6pts

Further company coverage: HEID.NS

(([email protected];))