The company participated in the e-auction of Diggaon Limestone Block conducted by the Government of Karnataka and has been declared as the preferred bidder, UltraTech Cement said in a regulatory filing.
The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka. This is adjacent to the companys Rajashree unit and has total cement grade geological resources of 530 million tonnes of limestone over an area of 7.86 sq kms, it said.
UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the largest manufacturer of grey cement and ready mix concrete (RMC) and one of the largest manufacturers of white cement in India.
UltraTech has a consolidated capacity of 119.95 Million Tonnes Per Annum (MTPA) of grey cement. It has 22 integrated manufacturing units, 27 grinding units, one clinkerisation unit and 8 bulk packaging terminals.
On a consolidated basis, the cement majors net profit rose 7.83% to Rs 1,708 crore on 4.66% increase in net sales to Rs 12,710 crore in Q3 December 2021 over Q3 December 2020.
Shares of UltraTech Cement rose 0.36% to Rs 6857.75 on Monday.
Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.