Ultratech Cement Ltd.

BSE: 532538 | NSE: ULTRACEMCO
Large Cap | Cement & Construction Materials
12228.00
-144.55 (-1.17%)
< Home < Back

UltraTech Cement’s arm enters into agreement with Seven Seas Company LLC, Oman

Date: 30-01-2023

UltraTech Cement’s wholly owned subsidiary -- UltraTech Cement Middle East Investments (UCMEIL) has entered into a Share Sale and Purchase Agreement with Seven Seas Company LLC, Oman for acquisition of 70% equity shares in Duqm Cement Project International, LLC, Oman. Cost of acquisition is $2.25 million.

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