
UltraTech Cement to Sell 5.89% Stake in India Cements for ₹ 1,82,47,148 on August 21 and 22, 2025
UltraTech Cement Limited, the promoter of The India Cements Limited, has disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, its intention to sell 2,01,12,330 equity shares of face value of ₹ 10 each, representing 6.49% of the total paid up equity share capital of the Company. The sale will take place on August 21, 2025, for Non-Retail Investors only, and on August 22, 2025, for Retail Investors and for Non-Retail Investors who choose to carry forward their un-allotted bids from T day. The sale is in compliance with Regulation 29(2) of the SEBI Takeover Regulations. The aforesaid information regarding the change in shareholding in the Company, pursuant to the sale of 1,82,47,148 equity shares by UltraTech Cement Limited on August 21 and 22, 2025, has been notified in the format prescribed by SEBI.
Key Highlights
- UltraTech Cement to sell 2,01,12,330 equity shares of India Cements Ltd, representing 6.49% of the total paid up equity share capital
- The sale will take place on August 21, 2025, for Non-Retail Investors only, and on August 22, 2025, for Retail Investors
- The sale is in compliance with Regulation 29(2) of the SEBI Takeover Regulations
- UltraTech Cement to sell 1,82,47,148 equity shares on August 21 and 22, 2025
- The sale is a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011