Srinivasan

Ultratech To Invest INR 3,900+ Crores In India Cement

Ultratech To Invest INR 3,900+ Crores In India Cement

In recent events, India’s largest cement builder, Ultratech, has set a deal with India Cement to buy the shares of its promoters and their associates for INR 3,954 crore. In the deal, Ultratech will buy out a 32.72% stake in India Cements which will add to their initial holding of  22.77%. Further, the company also…