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TMI BlogCCI approves UltraTech Cement Limited’s acquisition of The India Cements LimitedX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves UltraTech Cement Limited’s acquisition of The India Cements Limited - News and Press Release Dated:- 21-12-2024 - News - CCI approves UltraTech Cement Limited’s acquisition of The India Cements Limited - - - Dated:- 21-12-2024 - Competition Commission of India (CCI) has approved UltraTech Cement Limited s acquisition of The India Cements Limited. The Proposed Combination envisages Ul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... traTech Cement Limited s ( UltraTech / Acquirer ) acquisition of (i) 32.72% of the paid-up equity share capital 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-up equity share capital of India Cements by way of an open offer. UltraTech is a public ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... listed company in India and is engaged in the business of the manufacture and sale of grey cement, white cement, 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 public listed company. India Cements is a public listed company in India and operates both co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re and non-core businesses. The core business of India Cements is the manufacture and sale of grey cement and ready mix concrete. Detailed order of the Commission will follow. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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