TaxTMI 
TaxTMI 
CCI approves UltraTech Cement Limited’s acquisition of The India Cements Limited
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....CI approves UltraTech Cement Limited’s acquisition of The India Cements Limited <br>News and Press Release<br>Dated:- 21-12-2024<br><BR>Competition Commission of India (CCI) has approved UltraTech C....
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....ement Limited's acquisition of The India Cements Limited. The Proposed Combination envisages UltraTech Cement Limited's (UltraTech/Acquirer) acquisition of (i) 32.72% of the paid-up equity share capi....
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....tal of The India Cements Limited (India Cements/Target) from the promoters and members of the promoter group of India Cements and Sri Saradha Logistics Private Limited, and (ii) up to 26% of the paid-....
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....up equity share capital of India Cements by way of an open offer. UltraTech is a public listed company in India and is engaged in the business of the manufacture and sale of grey cement, white cement....
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...., ready-mix concrete, clinker, and building products in India. UltraTech is also engaged in the provision of building solutions in India. UltraTech is a subsidiary of Grasim Industries Limited, a publ....
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....ic listed company. India Cements is a public listed company in India and operates both core and non-core businesses. The core business of India Cements is the manufacture and sale of grey cement and ....
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....ready mix concrete. Detailed order of the Commission will follow.<BR> News - Press release - PIB....