N Srinivasan quits India Cements after acquisition
Ahmedabad Mirror|December 26, 2024
Development comes after Birla Group firm UltraTech acquired 32.72% of promoters' stake in India Cements; other family members also quit posts
N Srinivasan quits India Cements after acquisition

Leading cement maker UltraTech has completed the acquisition of promoters a 32.72% stake in India Cements Ltd, following which N Srinivasan and other promoters of the South-based cement maker have stepped down.

The Aditya Birla Group firm has completed the acquisition of 10.13 crore equity shares of India Cements Ltd (ICL), representing 32.72% of the equity share capital of the company.

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Bu hikaye Ahmedabad Mirror dergisinin December 26, 2024 sayısından alınmıştır.

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