For the size of UltraTech, the balance sheet and the presence it has in the cement looks like a small investment of about Rs 1,800 crore. So, I do not think for UltraTech, it is going to move the needle too much.
Mutual funds will now have to deploy NFO proceeds within 30 days: Sebi rule effective from April 1
Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once, with reasons documented and