UltraTech Sells 6.49% Stake in ICEM

  Published 11 months ago

UltraTech Cement approved selling 6.49% stake in India Cements, 2,01,12,330 shares, after the AGM meeting today.

  • Board of Directors gave the green light on August 20, 2025, to dispose of equity holdings now.
  • The sale will occur via a stock exchange mechanism, offering public investors the opportunity to buy shares directly.
  • Ultratech retains the remaining 93.51% ownership, maintaining strategic influence over India Cements in the cement sector.

You might like these

Modi Endorses Trump Gaza Peace Plan

Vishal Mega Mart Q1 FY26: Revenue Surge

TD Power Q2 profit surges 46%

Saifco Acquisition Expands JK Cement's J&K Footprint

Vishal Mega Mart Shares Drop 5.5% Amid Stake Sale

Tesla Spain Sales Rise 60.7% in June Amid EV Growth

HFCL FY25 Results: Rebound Expected in FY26

News that matters the most ⚡