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ULTRATECH CEMENT ACQUISITION
Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...- Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
- Adani Cement eyes measured growth, defers ambitious FY28 targetsAdani Cement is prioritizing increased utilization of its current facilities. The company will focus on optimizing existing capacities. Cap...
- Acquisitions turn earnings drivers for UltraTech in Q4; consolidated profit at record highUltraTech Cement reported record quarterly profit and sales growth driven by efficiency gains from integrating India Cements and Kesoram In...
- UltraTech Cement Q4 Results: Profit rises 20% YoY to Rs 2,983 crore; co declares Rs 240/share dividendUltraTech Cement Q4 Results: UltraTech Cement announced a significant 20% rise in its net profit for the fourth quarter. The company also r...
- UltraTech crosses 200 MTPA capacity, set to become world’s largest cement maker outside ChinaUltraTech Cement has achieved a significant milestone, crossing 200 million tonnes per annum of installed cement manufacturing capacity in ...
- UltraTech crosses 200 million tonne capacity in IndiaUltraTech Cement has achieved a significant milestone, crossing 200 million tonnes in production capacity in India. This expansion solidifi...
- India Cements shares jump 3% as UltraTech Cement's OFS to sell 6.5% stake opens todayIndia Cements' shares surged following UltraTech Cement's announcement of selling up to 6.49% stake through an offer for sale (OFS) to comp...
- UltraTech Cement shares in focus as Co to acquire Wonder WallCare for Rs 235 croreUltraTech Cement plans to acquire Wonder WallCare for up to Rs 235 crore to expand its value-added product portfolio. The move strengthens ...
- UltraTech to acquire wall putty maker Wonder WallCareUltraTech Cement is set to acquire Wonder WallCare for up to Rs 235 crore to expand its portfolio of value-added products. This move contin...
- N. Srinivasan resigns as CEO, MD of India CementsIndia Cements announced on Wednesday that N. Srinivasan has resigned as CEO and MD. This follows the Competition Commission of India (CCI) ...
- UltraTech Cement completes acquisition of 32.72% stake in India CementsUltraTech Cement has increased its stake in India Cements to 55.49% by acquiring an additional 32.72% equity shares. The acquisition was ca...
- CCI approves Ultratech Cement's acquisition of India CementsUltraTech Cement got approval to acquire India Cements. The deal expands UltraTech's presence in South India. UltraTech bought a 32.72% sta...
- CCI sends notice to UltraTech Cement for its proposed acquisition of Chennai-based India CementsIndia's Competition Commission is reviewing UltraTech Cement's acquisition of India Cements for potential competitive impacts. UltraTech, a...
- Kesoram assets a good fit for UltraTech, to bring EPS gainsThis acquisition is a reflection of the relentless pursuit of UltraTech Cement to achieve 200 MT capacity from close to 132.5 MT at present...
- Have got LoI from Binani lenders to acquire it, says UltraTechThe Committee of Creditors (CoC) of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement, it said in a regula...
- Buy UltraTech Cement Ltd. target Rs 4,750 : SharekhanBuy UltraTech Cement Ltd. at a price target of Rs 4750.
- UltraTech to acquire Century Textiles' cement businessAccording to the scheme, the shareholders of Century would get one equity share of UltraTech, having a face value of Rs 10/- each for every...
- UltraTech completes acquisition of Jaiprakash group cement businessPost-acquisition, UltraTech's capacity has gone up to 93 million tonnes per annum and it is the fourth largest cement player globally, excl...
- UltraTech Cement's decision to acquire cement plants of Jaiprakash Associates lucrative for investorsUltraTech bought the two cement plants located at Bela and Sidhi in Madhya Pradesh with a total capacity of 5.2 million tonnes for a sum of...
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