This temporary arrangement comes as current CMD of RINL, Atul Bhatt, is on personal leave.
DIY Guide: Waterproofing and Repairing Concrete Roof Leaks Made Easy
Konoike's bid of Rs 3.2 billion surpassed the reserve price of Rs 2.62 billion.
Holcim and CRH announced a $75 million investment.
Shrivastava had filed a criminal case in the Vadodara court, which lacked jurisdiction to entertain the matter.