Showing results for "#India Cements"
UltraTech to offload 6.5% stake in India Cements
UltraTech, which took control of India Cements in July last year, held 81.49 per cent in the Chennai-based ICEM.
Can’t comment if Ultratech Cement will merge India Cements into...
24 Sept 2024 4:00 AM ISTThe shareholders value, we hope, will improve in the future.” Noting that there are plans to reduce the variable cost of the company, Gurunath said...
On Profit Path: India Cements nets Rs 58 cr profit in Q1
10 Aug 2024 6:30 AM ISTThe extraordinary income came from the sale of its grinding unit in Parli, Maharashtra, during the quarter, a measure taken to improve its liquidity.
Editorial: Diamonds in the rough
2 Aug 2024 6:45 AM ISTThe company had secured a mining lease in Tamil Nadu and was paying royalty to the state, which later imposed a cess in addition to royalty on the...
No need for anybody in India Cements to feel insecure: MD Srinivasan...
30 July 2024 1:01 PM ISTAllaying fears to the employees, he said, “The change to UltraTech from India Cements does not mean a change in your career. Because I have been...
Aditya Birla Group’s Ultratech buys 23% in India Cements, adds muscle...
28 Jun 2024 7:00 AM ISTThe deal comes as a welcome news for India Cements, which is plagued by a host of issues in the recent days
ICL stake firms up UltraTech’s competitive edge over Adani
27 Jun 2024 5:45 PM ISTUltraTech Cement has acquired 6,02,48,983 equity shares, equating to a 19.44% stake in India Cements, at a price of up to Rs 267 per share, valuing...
UltraTech Cement acquires grinding unit from India Cements; announces...
22 April 2024 5:30 AM ISTThe unit being sold had a turnover of Rs 250.66 crore in the fiscal year ended March 31 2023 and net asset value of Rs 75.10 crore.