UltraTech lines up Rs 10,000 cr capex for FY26 to bolster capacityUltraTech Cement anticipates a 7% growth in FY26, allocating ₹10,000 crore for capacity expansion and efficiency initiatives. Recent acquis...
28 Jul, 2025, 03.07 PM IST
UltraTech Cement announces 1:52 share swap ratio for acquisition of Kesoram IndustriesUltraTech Cement announced a 1:52 share swap ratio for acquiring Kesoram Industries, effective March 1, 2025. The board also approved expan...
25 Feb, 2025, 06.49 PM IST
UltraTech Cement shares in focus as co approves Rs 1,000 cr NCD allotment, NCLT clears Kesoram acquisitionShares of UltraTech Cement are expected to stay in focus after the company’s board approved raising up to Rs 1,000 crore through the allotm...
27 Nov, 2024, 09.20 AM IST
What should investors do with UltraTech stock? Ronald Siyoni answersUltraTech previous to this acquisition and Kesoram’s acquisition had a very low share in the southern region. So, both Kesoram and India Ce...
29 Jul, 2024, 09.38 AM IST
CCI approves Ultratech’s acquisition of Kesoram’s cement unitCCI approves UltraTech's acquisition of Kesoram's cement business and Shriram Ownership Trust's stake purchase in Shriram Investment Holdin...
19 Mar, 2024, 09.06 PM IST
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...
04 Dec, 2023, 05.31 AM IST
Kesoram set to prepay around Rs 1,500-crore high-cost debt"The three funds - Goldman Sachs, Cerberus Capital Services and Edelweiss - are set to be paid ahead of maturity as UltraTech is rated AAA ...
02 Dec, 2023, 12.29 AM IST
JK Tyre-Kesoram deal a win-win situation for both tyre companies: Sudip Bandopadhyay"Kesoram needs to reduce the debt and the best way they could do is by getting rid of this particular unit which was kind of coveted"
15 Sep, 2015, 04.17 PM IST
Tyre companies benefetting from lower crude and rubber prices: Deepak ShenoyThey are kind of using this mechanism to or this temporary situation perhaps to increase their footprint and that is a good thing.
15 Sep, 2015, 08.37 AM IST
JK Group to buy Kesoram's Haridwar tyre unit for Rs 2,200 croreJK Group will acquire BK Birla flagship firm Kesoram Industries' tyre manufacturing plant at Haridwar for up to Rs 2,200 crore.
13 Sep, 2015, 01.23 AM IST
JK Tyre leads race for Rs. 2,000 crore Birla Tyres dealJK Tyre will borrow Rs 1,500 crore from public and private sector banks with the rest coming from internal accruals.
06 Jul, 2015, 03.36 PM IST
Race for Kesoram's tyre unit hots up as Apollo enters frayWhile MRF was the front-runner for the asset Apollo has recently entered the fray said multiple sources aware of the ongoing negotiations.
09 Feb, 2015, 10.43 AM IST
Kesoram Industries rallies over 18% on reports to sell its tyre unit to MRFFor Kesoram, selling its principal unit in Laksar, Uttrakhand would delevarge its balance sheet significantly that has been burdened by a b...
20 Jan, 2015, 09.44 AM IST
Rakesh Jhunjhunwala's wife hikes stake in Kesoram Industries to nearly 7%Rakesh Jhunjhunwala's wife Rekha has acquired 60 lakh shares in Kesoram Industries taking her shareholding in the company to around 7 per c...
10 Jul, 2013, 01.55 PM IST
- B K Birla plans to hike stake in group companies
On his 89th birthday, the eldest member of the Birla family has a wish for his grandson Kumar Mangalam Birla.
13 Jan, 2010, 05.50 AM IST
- Birlas take creeping route to increase stakes in group cos
In a season of volatile markets and plunging business fortunes, the Birlas-cutting across family lines-are buying into their own companies.
05 Dec, 2008, 12.58 PM IST
- BK Birla tweaks succession plan
Kumar Mangalam Birla may get all other group companies except Jay Shree Tea.
28 Jun, 2007, 01.30 AM IST