UltraTech acquires India Cements for ₹3,945 crore

UltraTech Cement, an Aditya Birla Group flagship, will purchase a 32.72 per cent stake in India Cements for ₹3,945 crore from the corporate’s promoters and its associates. The nation’s largest cement firm will make an open supply to India Cements shareholders at ₹390 a share after acquiring all regulatory approvals, mentioned the corporate in an … Read more

India Cements: What ought to traders do put up the Ultratech stake purchase?

India Cements is within the information just lately as trade chief UltraTech Cement has made a monetary funding within the firm by buying 23 per cent of the stake. India Cements as an organization has confronted risky operations final two years owing to liquidity constraints and has initiated a course correction plan for FY25-26. At … Read more