UltraTech Cement Limited

ULTRACEMCO

INE481G01011

Construction Materials

Market Closed - NSE India S.E. Other stock markets 07:40:31 2024-09-13 EDT			5-day change	1st Jan Change
11,717.95 ^INR	+0.07%		+2.49%	+11.57%

09-01	Ultratech Cement Limited Receives an Order from the State Tax Officer, Amreli, Gujarat and Assistant Commissioner, State Tax, Telangana	CI
08-31	UltraTech Cement Limited Receives an Order from the Joint Commissioner, State Tax, Chhattisgarh	CI

UltraTech Cement Limited agreed to acquire additional 6.44% stake in The India Cements Limited for INR 7.8 billion.

July 27, 2024

UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire additional 6.44% stake in The India Cements Limited (NSEI:INDIACEM) for INR 7.8 billion on July 28, 2024. As per the transaction, UltraTech Cement Limited will acquire 19.9 million shares at INR 390 per share. The transaction is approved by board of directors of UltraTech Cement Limited.

Haigreve Khaitan, Abhishek Dadoo, Niren Patel and Shashank Patil of Khaitan & Co. acted as legal advisor to UltraTech Cement Limited.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ULTRATECH CEMENT LIMITED	11,717.95 INR	+0.07%	+2.49%	40.26B
	THE INDIA CEMENTS LIMITED	367.05 INR	+0.92%	+1.02%	1.36B

Latest news about UltraTech Cement Limited

Ultratech Cement Limited Receives an Order from the State Tax Officer, Amreli, Gujarat and Assistant Commissioner, State Tax, Telangana	09-01	CI
UltraTech Cement Limited Receives an Order from the Joint Commissioner, State Tax, Chhattisgarh	08-31	CI
UltraTech Cement Limited Receives Order from the Assistant Commissioner, CGST & C Ex, West Bengal	08-30	CI
UltraTech Cement Raises $500 Million Through Sustainability-Linked Loan	08-27	MT
India's UltraTech Cement raises $500 million via sustainability-linked financing	08-26	RE
Gains in FMCG, IT Heavyweights Push Indian Equities Higher on Wednesday	08-21	MT
Ultratech Cement Limited Appoints Anita Ramachandran and Anjani -Kumar Agrawal as an Independent Director	08-15	CI
Ultratech Cement Limited Receives an Order from Assistant State Tax Officer, South Goa	08-14	CI
UltraTech Cement Limited Receives an Order from the Assistant Commissioner, CGST & C Ex, Raipur, Chhattisgarh	08-09	CI
India Cements posts wider Q1 loss as subdued demand adds to pricing woes	08-09	RE
India's Orient Cement posts nearly flat Q1 profit on muted demand, lower realisations	08-05	RE
India's JK Lakshmi Cement Q1 profit doubles on lower expenses	07-31	RE
Global markets live: Apple, 3M Company, Boeing, Honeywell...	07-29
Indian shares likely to open higher, boosted by ICICI Bank, Asian peers	07-28	RE
UltraTech board approves deal to snare control of India Cement	07-28	RE
UltraTech Cement Limited agreed to acquire additional 4.30% stake in The India Cements Limited from Sri Saradha Logistics Private Limited for INR 5.2 billion.	07-27	CI
UltraTech Cement Limited agreed to acquire 4.30% stake in The India Cements Limited from Sri Saradha Logistics Private Limited for INR 5.2 billion.	07-27	CI
UltraTech Cement Limited agreed to acquire additional 6.44% stake in The India Cements Limited for INR 7.8 billion.	07-27	CI
UltraTech Cement Limited made an offer to acquire additional 26% stake in The India Cements Limited for INR 31.4 billion.	07-27	CI
UltraTech Cement Limited agreed to acquire additional 21.98% stake in The India Cements Limited from EWS Finance Investments Ltd for INR 26.6 billion.	07-27	CI
Nomura Adjusts UltraTech Cement's Price Target to INR12,350 From INR12,000, Keeps at Buy	07-23	MT
Indian Equities Dip on Monday, Weighed Down by Selling in Market Heavyweights	07-22	MT
Jefferies Adjusts UltraTech Cement's Price Target to INR13,100 From INR11,500, Keeps at Buy	07-22	MT
UltraTech Cement Posts Rise in Fiscal Q1 Consolidated Net Profit	07-22	MT
India's UltraTech Cement expects another quarter of stymied growth	07-19	RE

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Company Profile

UltraTech Cement Limited is India's leader in producing and selling cements and construction materials. The group offers gray and white cements, granulates, ready-to-use concrete, mortars, coatings, binders, etc. At the end of March 2021, UltraTech Cement Limited had 23 cement plants, over 130 concrete factories in India and 27 grinding facilities (of which 23 in India). India accounts for 99.3% of net sales.

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Sector

Construction Materials

Calendar

2024-09-15 - Investor Meeting

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