UltraTech to sell up to 6.49% in India Cements through offer for sale

August 21, 2025

UltraTech Cement plans to sell up to 6.49% stake in India Cements through an offer for sale on August 21-22, aiming to reduce its holding to 75% to comply with SEBI norms. The floor price is set at ₹368 per share, potentially raising nearly ₹740 crore. UltraTech acquired India Cements in 2024 and is expanding its production capacity.

More To Explore

India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies

India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while

December 12, 2025

Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty

Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition

December 12, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003