| Purpose | Announcement Date | Meeting Date |
|---|---|---|
| EGM | 29 Jul 2024 | 30 Aug 2024 |
| COM 30/08/2024 Proceedings of the meetings of the equity shareholders and unsecured creditors of ultraTech Cement Limited convened pursuant to the directions of Honble National Company Law Tribunal, Mumbai Bench (As per BSE Announcement Dated on 30/08/2024) Outcome of meeting of the equity shareholders of UltraTech Cement Limited convened pursuant to the directions of the Honble National Company Law Tribunal, Mumbai Bench. (As per BSE Announcement Dated on 31/08/2024) | ||
The dividend will aggregate to ₹2,283.75 Crore for the company and shareholders shall be eligible to pay tax on the same.
The acquisition is expected to be completed within 180 days post completion of Energy Supply Agreement and Share Subscription & Shareholders Agreement.
The plant is located at the pithead of large high-quality raw material reserves, and near the existing putty manufacturing facilities in Rajasthan.
Here are some of the stocks that may see significant price movement today: UltraTech Cement, Jio Financial, Avenue Supermarts, etc.
As part of its capacity expansion programs, the company saw multiple opportunities to improve efficiency and rationalise operations at different locations.
Under the demerger agreement, Kesoram’s preference shareholders will be issued 54,86,608 fully paid-up 7.3% NCRP shares.
Here are some of the stocks that may see significant price movement today: KPI Green, Tata Power, UltraTech Cement, etc.
On the BSE, UltraTech Cement's shares rose 1.4% to reach their day's high of Rs 11,585.40.
Here are some of the stocks that may see significant price movement today: Vedanta, NHPC, Reliance Industries, etc.
UltraTech Cement's board approved acquiring 32.72% equity stake in India Cements at ₹390 a share, said a filing at the BSE.
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