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Ultratech Cement shares in focus as CCI approves equity stake acquisition in The Indian CementsShares of Ultratech Cements may be in ... “We now write to inform you that the CCI has by its letter dated 20th December 2024 unconditionally approved the Primary Acquisition and the Open ...
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India Cements CEO N. Srinivasan Resigns As UltraTech’s Rs 7,000-Crore Deal Gets CCI Approvalfollowing 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 ...
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 ...
The anticipated acquisition by UltraTech Cement, led by Kumar ... “CCI has by its letter dated 20th December, 2024 unconditionally approved the Primary Acquisition and the Open Offer under ...
Meanwhile, N Srinivasan in a letter ... UltraTech Cement Ltd's acquisition of The India Cements Ltd," the competition watchdog said. The deals beyond a certain threshold require approval from ...
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 ...
Srinivasan’s resignation letter stated ... Cements Limited with immediate effect.” The CCI approved the acquisition by UltraTech Cement of a 32.72 per cent stake in The India Cements ...
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