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UltraTech Cement gets nod to incorporate Binani Cement as subsidiary

22 Nov 2018 Evaluate

UltraTech Cement has received an approval for the proposal to incorporate Binani Cement (BCL) as it a wholly-owned subsidiary. The board of directors of the company at its meeting held on the November 19, 2018, approved the same.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies strength, reliability and innovation.

Peers
Company Name CMP
Ultratech Cement 11066.55
Ambuja Cements 352.85
ACC 1139.30
Shree Cement 22748.65
Dalmia Bharat 1351.95
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