India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the ...

UltraTech Cement, an Aditya Birla Group company, has acquired 8.69 per cent in Star Cement for ₹851 crore to further consolidate its position as the largest cement producer in the country.

Leading cement producer UltraTech Cement on Friday said it will acquire 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.

Leading cement producer UltraTech Cement on Friday (December 27, 2024) said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 ...