Lafarge India Pvt. Ltd. intends to sell all of its Indian assets. Lafarge has submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11-million tonne asset in India.

“Lafarge India has sought an extension of its deadline from the CCI to complete its divestment,” said an investment banker familiar with the development. “Lafarge India has now put the entire company on the block, as the sale of the entire company will include transfer of mining rights."