UltraTech Cement to sell up to 6.5% stake in unit India Cements

The India Cements

20/08/2025 11:20

Aug 20 (Reuters) - UltraTech Cement ULTC.NS said on Wednesday that it will offload up to a 6.5% stake in its unit India Cements ICMN.NS via an open market offer for sale.

India's largest cement maker, which took control of India Cements in July last year, did not mention any deal value.

 (Reporting by Hritam Mukherjee in Bengaluru; Editing by Sonia Cheema)

 ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))