UltraTech Cement must divest approximately 7% of its India Cements stake, valued at over ₹667 crore, to comply with SEBI’s minimum public shareholding norms after an oversubscribed open offer increased its stake beyond the regulatory limit. India Cements has until February 2026 to meet the 25% public shareholding requirement through various methods.
Source link
UltraTech Cement must divest 7% stake in India Cements to meet SEBI norms
