In a resignation letter, Srinivasan wrote ... Last Friday, the CCI approved UltraTech Cement's acquisition of The India Cements Limited. "The proposed combination envisages UltraTech Cement ...
following the approval from the Competition Commission of India (CCI) for a deal worth over Rs 7,000 crore. The deal will see billionaire Kumar Mangalam Birla's UltraTech Cement acquire a majority ...
On Wednesday, The India Cements board received a letter from its former promoters ... The company noted that shareholder approval is required for these approvals. Shares of UltraTech Cement Ltd.
In a letter, N. Srinivasan explained his resignation ... its promoters and related entities, along with the approval for an open offer to acquire up to 26% of the company’s shares. UltraTech Cement is ...
UltraTech Cement Ltd., Bharat Forge Ltd., Bharat ... The company's arm Religare Broking received SEBI approval for a change in shareholding. Ramky Infrastructure: The company has received a letter of ...
Srinivasan's resignation letter stated that he would be stepping down as ... I also cease to be the Promoter of The India Cements Limited with immediate effect." The CCI approved UltraTech Cement's ...
following the approval from the Competition Commission of India (CCI) for a deal worth over Rs 7,000 crore. The deal will see billionaire Kumar Mangalam Birla's UltraTech Cement acquire a majority ...
Star Cement shares zoom 8% as Ultratech to buy 8.6% stake for Rs 851 crore Further, the final approval for registration will be granted by Sebi subject to fulfillment by the company of the ...
UltraTech Cement is expected to post a 26 percent fall in net profit year-on-year (YoY) for the quarter ending December 31 due to lower realization and higher depreciation, say analysts.
ABOUT ULTRATECH CEM. UltraTech Cement is among India’s prominent cement manufacturing companies. The company is among the largest producers of concrete in the country. The firm operates over 35 ...
Leading cement producer UltraTech Cement on Friday (December ... company at its meeting held today considered the proposal and approved making an investment to acquire non-controlling minority ...
UltraTech Cement, an Aditya Birla Group company, has acquired 8.69 per cent in Star Cement for ₹851 crore to further consolidate its position as the largest cement producer in the country.