UltraTech enters into a pact with India Cements to buy additional 32.72% stake for ₹3,954 crore
Aditya Birla Group Chairman Kumar Mangalam Birla. File | Photo Credit: Shashi Ashiwal Aditya Birla group-owned UltraTech on July 28 entered into a share purchase agreement with the promoters and their associates of India Cements Ltd to purchase 10,13,91,23 equity shares or 32.72% stake for ₹390 apiece totalling to ₹3,954 crore, subject to regulatory approvals….