UltraTech Cement to sell up to 6.5% stake in unit 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;))
Recent news on Ultratech Cement
See all newsIndia's JSW Cement posts lower second-quarter profit as weak pricing, higher costs hurt margins
India's ACC posts 91% plunge in quarterly profit on higher fuel costs, weaker sales
Street View: India's Ultratech Cement's price hikes seen offsetting rising costs
India's UltraTech Cement misses profit view as higher costs weigh (updated)
India's UltraTech Cement falls after quarterly profit misses estimates