At meeting held on 27 December 2024
The Board of UltraTech Cement at its meeting held on 27 December 2024 has approved making an investment to acquire non-controlling minority stake upto 3.70 crore equity shares of Star Cement at a price not exceeding Rs. 235/- per share, excluding STT; stamp duty and other levies.Some promoter and promoter group entities of Star Cement, a company incorporated under the Companies Act, 1956, having its registered office at Village Lumshnong, Dist.: East Jaintia Hills, Khaliehriat, Meghalaya - 793210 (Star Cement), propose to sell their equity holding in Star Cement and have approached the Company for the same.
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