USD 101.1 million invested by UltraTech in UAE-based RAKWCT
Fri, Apr 15, 2022 10:26 PM

USD 101.1 million invested by UltraTech in UAE-based RAKWCT

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UltraTech Cement, India’s leading cement maker, notified that for a 29.39 per cent equity stake in the UAE-based RAK Cement Co for White Cement and Construction Materials PSC, the company has invested USD 101.10 million (around Rs 839.52 crore). The company said that the shares have been acquired at a cost of USD 101.10 million.

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