![UltraTech to acquire 23% stake in India Cements for over ₹1,900 cr](https://cdn.magzter.com/1549608130/1719531642/articles/sDUvD2bNd1719540922555/ULTRATECH-TO-ACQUIRE-23-STAKE-IN-INDIA-CEMENTS-FOR-OVER-1900-CR.jpg)
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.
この記事は The Free Press Journal の June 28, 2024 版に掲載されています。
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この記事は The Free Press Journal の June 28, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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