UltraTech Cement announces 1:52 share swap ratio for acquisition of Kesoram Industries

UltraTech Cement announces 1:52 share swap ratio for acquisition of Kesoram Industries

Cement major UltraTech Cement on Tuesday, February 25, 2025 announced a 1:52 share swap ratio for the acquisition of Kesoram Industries. The share swap comes as part of the composite scheme of arrangement between Kesoram Industries and UltraTech Cement and their respective shareholders and creditors. It becomes effective from March 1, 2025, a company filing … Read more

Ambuja Cements to invest $723 million for green power production

Ambuja Cements to invest 3 million for green power production

Image for representation purpose only. | Photo Credit: AP Construction materials maker Ambuja Cements will invest ₹60 billion (nearly $723 million) in renewable power projects, the company said on Dec. 18. The investment will be funded internally and is expected to target a capacity of 1,000 megawatts (MW) through solar and wind power projects in … Read more

Corporate Radar: HDFC Bank, L&T Infotech results, Hilton Metal board meeting and more

Corporate Radar: HDFC Bank, L&T Infotech results, Hilton Metal board meeting and more

A host of board meetings are scheduled for today. A majority of them will meet for the quarterly results. Some of the big names that will announce their earnings today are HDFC Bank, L&T Infotech, ICICI Prudential Life Insurance, Avenue Supermarts, , , , and . and Services’ board will, however, meet for consideration of … Read more