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Latest News on Ultratech Cement
Showing of 0 - 10 from 26 results
Ultratech Cement - Total results - 26
Jul 22, 2019
Kumar Mangalam Birla's remuneration from UltraTech Cement fell 18.8% to Rs 15.53 cr in FY19UltraTech Cement's Chairman and Non-Executive Director Kumar Mangalam Birla received an annual remuneration Rs 15.53 crore in FY 2018-19, down 18.82 percent over the year-ago period, even as the largest cement producer posted double-digit growth in its topline
Apr 24, 2019
UltraTech Cement Q4 net profit at Rs 1,014 cr, domestic sales volume jumps 16%; shares surge 5.5%In a separate filing UltraTech Cement has informed the BSE that its board in a meeting held on Wednesday has recommended a dividend of Rs 11.50 per equity share of Rs 10 each for the year ended 31 March, 2019.
Nov 22, 2018
UltraTech to incorporate Binani Cement as subsidiary; acquisition gives firm access to top quality limestone reservesUltraTech Cement said on Wednesday its board has approved a proposal to incorporate Binani Cement as it a wholly-owned subsidiary.
Nov 19, 2018
SC upholds NCLAT order allowing UltraTech to acquire Binani Cement, rejects Dalmia Bharat group firm’s pleaThe Supreme Court upheld the NCLAT's last week order which had allowed the Aditya Birla group firm to acquire Binani Cement by approving its revised Rs 7,950.34 crore bid.
Nov 15, 2018
NCLAT approves UltraTech's Rs 7,900 cr bid for Binani Cement, rejects resolution plan submitted by Dalmia BharatIn approving UltraTech's resolution plan for Binani, which was auctioned to recover unpaid bank dues, the NCLAT may have set a precedence as it favoured a proposal that not just paid the financial lenders but also operational creditors.
Oct 19, 2018
UltraTech Cement Q2 net profit down 11.3% to Rs 375.74 cr on increased energy and logistics costsUltraTech Cement's total income was Rs 8,371.69 crore during the quarter under review, up 19.52 percent against Rs 7,003.85 crore in the corresponding period of the previous fiscal.
Jul 25, 2018
Cement stocks fall up to 3% after NCLAT dismisses plea against CCI penalty on 11 companiesShares of India Cements fell by 3.29 percent, UltraTech Cement dropped 2.39 percent, Ambuja Cements 1.50 percent, Grasim Industries 1.31 percent, JK Lakshmi Cement 1.26 percent and ACC 0.28 percent on BSE.
Jun 04, 2018
Binani Cement insolvency: Supreme Court says CoC can consider revised Ultratech offer but can't take final decisionRefusing to debar Binani Cement's CoC from carrying on with further proceedings, the court said that "no final order may be passed"
May 29, 2018
Binani Cement lenders vote in favour of UltraTech's Rs 7,960 cr offer; override CoC decision favouring Dalmia BharatUltraTech now becomes the H1 bidder, replacing Rajputana Properties - the bidding company for the Dalmia Bharat-led consortium
May 21, 2018
Ultra Tech to acquire Century Textiles and Industries' cement business through share swap dealAditya Birla Group firm UltraTech said it would acquire cement business of BK Birla Group company Century Textiles and Industries through a share swap deal