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
 ( Analyst Meet / AGM - Conference Call 04-May-23   15:23 )
  Ultratech Cement rises after acquiring cement assets of Burnpur Cement
 ( Hot Pursuit - 30-Nov-23   09:27 )
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 ( Corporate News - 02-Mar-24   10:38 )
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 ( Corporate News - 30-Jan-23   16:17 )
  Ultratech's UAE arm acquires Oman-based Duqm Cement for $2.25 million
 ( Hot Pursuit - 30-Jan-23   16:36 )
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 ( Corporate News - 17-May-22   13:13 )
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