Key Developments: UltraTech Cement Ltd (ULTC.NS)

ULTC.NS on National Stock Exchange of India

19 Dec 2014
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Rs51.80 (+2.12%)
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Latest Key Developments (Source: Significant Developments)

Ultratech Cement appoints Atul Daga as chief financial officer
Saturday, 18 Oct 2014 

Ultratech Cement Ltd:Appointed Atul Daga as chief financial officer in place of K. C. Birla effective Dec. 01.  Full Article

Ultratech Cement Ltd recommends dividend
Wednesday, 23 Apr 2014 

Ultratech Cement Ltd:Recommends dividend of nine Indian rupees per equity share of 10 Indian rupees each for year ended March 31, 2014.  Full Article

Ultratech Cement Ltd Recommends Dividend
Monday, 22 Apr 2013 

Ultratech Cement Ltd announced that the Board of Directors at its meeting held on April 22, 2013 has recommended a dividend of INR9 per equity share of IN10 each for the year ended March 31, 2013.  Full Article

UltraTech Cement To Raise $100 Million From IFC-Business Standard
Monday, 4 Feb 2013 

Business Standard reported that UltraTech Cement is planning to raise around $100 million from the International Finance Corporation (IFC). The proposed fund raising is to support an investment plan of around $297 million at Rawan village in Chhattisgarh.  Full Article

UltraTech Cement To Purchase Cement Plant Owned By ABG Cement-Economic Times
Monday, 4 Feb 2013 

Economic Times reported that UltraTech Cement has begun talks to purchase an incomplete 6.7-million-tonne cement plant in Gujarat owned by ABG Cement (ABGCL). Axis Capital the investment banking arm of Axis BankBSE, is advising UltraTech on the deal. UltraTech has offered around INR4,660 crore (INR46.60 billion ) at $130 a tonne while ABG is believed to be asking for INR5,008 crore (INR50.08 billion) at $156 a tonne.  Full Article

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