Ultratech Cement Ltd.

UltraTech Cement has acquired a grinding unit from India Cements for Rs 315 crore and it will invest an additional Rs 504 crore to expand capacity of two units. Grinding unit is having installed capacity of 1.1 million tonnes per annum. The company has entered into an Asset Purchase Agreement with India Cements. This purchase will help the company to strengthen its presence in the rapidly growing Maharashtra markets.

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