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ULTRATECH CEMENT STAKE
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...
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 to sell up to 6.49% in India Cements through offer for saleUltraTech Cement plans to sell up to 6.49% stake in India Cements through an offer for sale on August 21-22, aiming to reduce its holding t...
UltraTech to acquire 26% stake in renewable energy co AMPIN C&I Power Eight for Rs 25.5 croreUltraTech Cement announced its acquisition of a 26% stake in AMPIN C&I Power Eight for ₹25.5 crore, aiming to meet green energy needs and o...
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...
Major deals in India's cement sector since Adani Group's entry in 2022UltraTech Cement will buy an 8.7% stake in Star Cement for $100 million. This is part of a trend with major deals in India's cement sector ...
UltraTech Cement to buy 8.69% stake in Star Cement for Rs 851 croreUltraTech Cement has approved acquiring around 8.69% stake in Star Cement for up to Rs 851 crore. UltraTech's board agreed to purchase up t...
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...
UltraTech's India Cement buy gets CCI nodThe Competition Commission of India has approved UltraTech Cement's proposed acquisition of South-based India Cements, it said in a release...
Major deals in India's cement sector since Adani Group's entry in 2022: A timelineAmbuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant deal-making activity. ...
UltraTech’s open offer for India Cements’ shares to open on September 19UltraTech Cement’s open offer for shareholders of India Cements is likely to open on September 19, and close on October 3. The mandatory op...
UltraTech says it has no intention to delist India CementsUltraTech Cement does not intend to delist shares of India Cements after it acquires additional stake in the company through an open offer,...
UltraTech to build on its India cements stakeUltraTech Cement was in advanced talks to buy a 28.42% stake in India Cements from N. Srinivasan, raising its total holdings to 51%. This R...
UltraTech's India Cements stake buy a win-win for both. Here's what analyst said on industry consolidationUltraTech Cement's Rs 1,885 crore stake purchase in India Cements is expected to be mutually beneficial for both companies and would consol...
- Birla group may hike stake in Grasim
Aditya Birla Group may scale up its equity stake in Grasim Industries next financial year to ring-fence the viscose staple fibre maker and ...
- Grasim to sell cement biz to UltraTech
UltraTech will buy Grasim’s cement division in a deal worth more than $2 billion as the Aditya Birla Group’s attempts to consolidate its ce...
- AVB group may unite Grasim and UltraTech
Aditya Birla group is looking at consolidating its cement business — currently being run by Grasim Industries and UltraTech Cement — follow...