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UltraTech Cement gets nod to acquire non-controlling minority stake in Star Cement

27 Dec 2024 Evaluate

UltraTech Cement has received approval from Board of Directors for making an investment to acquire non-controlling minority stake upto 3.70 crore equity shares of Star Cement at a price not exceeding Rs 235 per share, excluding STT; stamp duty and other levies.

The Board of Directors of the Company at its meeting held on December 27, 2024 considered the proposal and approved the same. 

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.

Ultratech Cement Share Price

11948.20 -196.25 (-1.62%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11948.20
Ambuja Cement 444.25
ACC 1392.00
Shree Cement 25437.05
Dalmia Bharat 1830.30
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