UltraTech Cement has acquired Damani-group's stake in India Cements Ltd (ICL) through two block deals, according to a statement and stock exchange data.
ICL promoters, however, will continue to be the largest shareholder with a 28.42 per cent stake.
As per the block deal data on the BSE, UltraTech Cement bought a total of 7,05,64,656, amounting to a 22.77 per cent stake in India Cements.
The shares were purchased in the price range of Rs 265.05283.3, taking the combined transaction value to Rs 1,889.27 crore.
Diese Geschichte stammt aus der June 28, 2024-Ausgabe von The Free Press Journal.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 28, 2024-Ausgabe von The Free Press Journal.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
From past to progress
Ayodhya's evolution through infrastructure development
Peek into traditional economic system
Sandeep Singh goes deep into the old economic system of India which started in and revolved around temples
THOUGHT-PROVOKING AND HEART-WARMING
Over the past few months, I have been fixated with books about books, readers, librarians, bookshops, or the publishing industry at large.
Mahatma Gandhi as a cricketer
Whatever said and done by Gandhi really helped India to attain Independence from British rule finally.
Culture or agri-Culture!?
It's that magical time of the year when the air is full of excitement, joy, and the aroma of delicious sweets.
The industrial impact Of beehive inspired packaging
Abhinav Tanksale, Founder, www.myphysicscafe.com, shares insights into the commonalities between beehives and packaging
HOW TO BE TRULY INTERESTING
True depth comes from lived experience, not the props we carry or the knowledge we consume
CONFUSION ON THE SPIRITUAL PATH
It is very important on the spiritual path that you never try to get to some particular “place”, because the moment you want to get to something in particular, your mind will start creating a “place”.
Gandhi: How relevant is he today?
Gen Z weighs in on Gandhi's legacy, exploring the relevance of his principles in a modern world
Gordon-Levitt set to visit IFP
Joseph Gordon-Levitt to visit India for the 1st time and set to speak at IFP Season 14 opening session
