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UltraTech's India Cement buyout under CCI scrutiny

The New Indian Express Tiruchy

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December 08, 2024

THE acquisition of India Cements by UltraTech Cement has come under the lens of the Competition Commission of India (CCI).

- ENS ECONOMIC BUREAU @ New Delhi

UltraTech's India Cement buyout under CCI scrutiny

UltraTech Cement in an exchange filing has informed that the company has received a communication from the CCI under Section 29 (1) of the Competition Act, 2002 regarding the proposed acquisition of India Cements.

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