UltraTech | Zee News

Advertisement

UltraTech News

28 Jul 2024

UltraTech Cement Acquires Majority Stake In India Cements At High Premium

UltraTech made a financial investment in India Cements to acquire 22.77 per cent equity at a price of Rs 268 per share in June this year.

Aditya Birla Group

21 May 2018

Ultra Tech to acquire Century Textiles' cement business

Besides, the company is also into race to acquire debt-ridden Binani Cement and has put its revised offer competing with Dalmia Bharat Group.

National Company Law Tribunal

15 May 2018

NCLAT directs RP to give comments only on revised bids of Binani Cement

The National Company Law Appellate Tribunal (NCLAT) made the remarks while hearing an application filed by UltraTech in the Binani Cement insolvency matter.

National Company Law Tribunal

02 May 2018

NCLT asks Binani Cement's CoC to consider UltratTech's revised bid

The NCLT bench also directed the CoC to consider Dalmia Bharat Group's RPPL resolution plan if it matches UltraTech's offer.

UltraTech to buy Binani Cement

19 Mar 2018

UltraTech offers to buy Binani Cement for Rs 7,266 crore

The move comes days after rival Dalmia Cement said its Rs 6,350 crore bid to buy Binani Cements Ltd has been accepted by the lenders.

29 Jun 2017

Bankers pull off largest stressed asset resolution with Rs 16,189-crore UltraTech-JP Cement deal

ICICI Bank on Thursday said that a lenders consortium led by it has concluded the biggest asset resolution in the country with consummation of the Rs 16,189 crore takeover of Jaypee Cements by Ultratech.

31 Aug 2016

CCI slaps Rs 6,715 crore fine on 11 cement companies including ACC, Ultratech

Competition Commission Wednesday imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

Jaiprakash Associates

02 Jul 2016

Jaiprakash Associates calls board meet on Monday as banks invoke SDR

With the lenders invoking the strategic debt restructuring (SDR) option against debt-laden Japyee Group, its flagship firm Jaiprakash Associates on Saturday said it has convened a meeting of board of directors on Monday to discuss progress of divestment plans and other issues.

26 Feb 2016

Ultratech-JAL cement Rs 5,400-cr deal fails on lack of regulatory approval

The Rs 5,400-crore deal between India's largest cement maker Ultratech and Jaiprakash Associates (JAL) to acquire the latter's two cement plants has been called off on account of lack of regulatory approvals.

31 Jul 2015

Ultratech to raise up to Rs 9K cr for loan refinancing, capex

The Aditya Birla Group firm will seek shareholders' nod to raise the capital at its Annual General Meeting scheduled next month.

Ultratech Cements

20 Jul 2015

Ultratech Cements profit declines 6% to Rs 591 cr

Its consolidated net sales rose by 6 per cent to Rs 6,372 crore in April-June quarter of 2015-16, from Rs 5,989 crore in the same quarter of 2014-15 fiscal, Ultratech said in a filing to the BSE.

Jaiprakash Associates

24 Dec 2014

Jaiprakash Associates shares soar 9% on Ultratech deal

Shares of Jaiprakash Associates (JAL) on Wednesday zoomed 9 percent after Aditya Birla Group firm Ultratech announced the acquisition of its two plants in Madhya Pradesh for Rs 5,400 crore.

21 Nov 2014

CCI rejects cartelisation case against 11 cement makers in AP

Fair trade regulator CCI has dismissed a complaint alleging that 11 cement makers, including Ultratech and Jaypee, indulged in pricing cartelisation in Andhra Pradesh.

Loading...

NEWS ON ONE CLICK