UltraTech Cement's Board has approved purchasing a 32.72% stake in India Cements from promoters and associates, following its prior acquisition of a 22.77% stake. The deal, subject to regulatory approvals, will enhance UltraTech's capacity in Southern India. Chairman Kumar Mangalam Birla highlighted the economic and infrastructural benefits of this investment. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
