Corporate News 27-Mar-24
UltraTech Cement to acquire 26% stake in a renewable energy company
UltraTech Cement has entered into (i) Energy Supply Agreement and (ii) Share Subscription and Shareholders Agreement to acquire 26% equity shares of M/s O2 Renewable Energy XXII, a company engaged in generation and transmission of renewable energy. The acquisition is for the purposes of meeting the Company's green energy needs, optimising energy cost and complying with regulatory requirements related to captive power consumption under electricity laws.
Previous News
UltraTech Cement consolidated net profit rises 67.92% in the December 2023 quarter
( Results - Announcements 19-Jan-24 14:04 )
UltraTech Cement
( Results - Analysis 30-Apr-24 05:13 )
UltraTech Cement's subsidiary to acquire 70% stake in Duqm Cement Project International
( Corporate News - 30-Jan-23 16:17 )
UltraTech Cement rises on recording highest ever PAT of Rs 1,775 cr in Q3
( Hot Pursuit - 19-Jan-24 13:45 )
Ultratech's UAE arm acquires Oman-based Duqm Cement for $2.25 million
( Hot Pursuit - 30-Jan-23 16:36 )
Ultratech Cement inks pact to acquire 26% stake in Amplus Ages
( Hot Pursuit - 12-Jan-24 09:18 )
UltraTech Cement to hold AGM
( Corporate News - 19-Jul-22 19:16 )
Ultratech
( Analyst Meet / AGM - Conference Call 26-Jul-21 17:45 )
UltraTech Cement consolidated net profit rises 113.15% in the September 2020 quarter
( Results - Announcements 21-Oct-20 16:57 )
Ultratech acquires 29% stake in UAE-based RAK Cement
( Hot Pursuit - 18-Apr-22 11:48 )
UltraTech Cement standalone net profit rises 89.09% in the September 2020 quarter
( Results - Announcements 21-Oct-20 16:55 )
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