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UltraTech to acquire minority stake in Star Cement
Mint Kolkata
|December 28, 2024
Leading cement producer UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.
UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.
UltraTech Cement will buy pick up stakes from Rajendra Chamaria and his family's holdings, part of the promoter group, people aware about the development told PTI.
This story is from the December 28, 2024 edition of Mint Kolkata.
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