Sebi rule: UltraTech must sell 7% in India Cements

Jun 16, 2025 - 04:30
Sebi rule: UltraTech must sell 7% in India Cements

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UltraTech Cement, the new promoter of India Cements, needs to reduce its stake by 7%, worth Rs 667 crore, to comply with SEBI's minimum public shareholding norms. They have until February 2026 to meet the 25% public ownership requirement through various methods.

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