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Ultratech Cement has clarified that the Company had offered redemption of the preference shares allotted to Jaiprakash Associates (JAL), after adjustment of costs to be borne by JAL, in compliance with the transaction arrangements. The Company is expecting JAL to honour its obligations and execute necessary documentation for the redemption.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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