Binani Industries


Binani Industries Ltd is an Indian business group based in Mumbai. It belongs to the Braj Binani Group. The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber, and downstream composite products.
Binani Industries holds the following subsidiaries:
Binani Industries owns more than 98% of Binani Cement.
Binani Industries holds operations in sales, manufacturing, and R&D in Asia, Europe, and North America.

Controversy

Calcutta High Court issued an order for the winding up of Binani Industries Ltd, the holding company of Binani Cement Ltd, due to its default on paying Rs5.65 crore to the advertising agency Milestone Brandcom Pvt Ltd.