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Leading cement producer UltraTech Cement on Friday announced the acquisition of a minority stake of 8.69 per cent from the promoters of Meghalaya-based Star Cement in a deal worth up to Rs 851 crore.
UltraTech Cement Ltd. has bought a non-controlling minority 8.31% stake in Star Cement for Rs 765 crore. The company will be buying a stake of up to 3.36 crores in equity shares for Rs 227.7 apiece.
Meghalaya-based Star Cement Ltd. is in focus on Friday, December 27, after India's largest cement company UltraTech Cement Ltd., acquired 8.5% stake in the company for a sum of ₹851 crore. Star Cement ...
Star Cement shares rallied 7.8 per cent to Rs 247.75 per share on the BSE on Friday after Ultratech Cement said it has agreed to buy a ‘non-controlling’ stake in Star Cement. At 9:25 AM, Star Cement ...
Stock Market Today: Star Cement share price gained up to 8% in morning trades on Friday as UltraTech announced buying a stake in the company. Ultratech Cement in its release on the exchanges on 27 ...
Cement major UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore. The deal involves the purchase of up to 3.7 crore equity shares at a ...
UltraTech Cement Ltd., India's largest cement company by capacity, has announced the acquisition of 8.69% stake in Star Cement Ltd. from its promoter group for ₹851 crore. In an exchange filing on ...
Star Cement shares surged nearly 8% during Friday morning trades following UltraTech Cement's announcement of acquiring a minority stake in the company. This move is part of UltraTech's ongoing ...