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New leadership for India Cements, UltraTech appoints new CEO, CFO
(02 Jan 2025)
India Cements Ltd, now a subsidiary of UltraTech, has announced the appointment of new leadership for the company, following the exit of its...
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UltraTech Cement Limited acquires The India Cements Limited
(02 Jan 2025)
UltraTech Cement Limited have completed the acquisition of 10,13,91231 equity shares representing 32.72% of the equity share capital of The...
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N Srinivasan resigns as CEO, MD of India Cements after CCI nod for UltraTech's Rs 7,000-crore deal
(27 Dec 2024)
The fair trade regulator also granted its clearance to UltraTech Cement to acquire up to 26 per cent of the paid-up equity share capital of...
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N Srinivasan quits as India Cements CEO, MD after UltraTech completes acquisition
(26 Dec 2024)
The Srinivasan-led promoter group divested all holdings and resigned from board positions, alongside changes in independent directors.
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India Cements promoter N. Srinivasan steps down as UltraTech completes acquisition
(26 Dec 2024)
Leading cement maker UltraTech has completed the acquisition of promoters a 32.72% stake in India Cements Ltd, following which N. Srinivasan and other promoters
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UltraTech Cement gets CCI nod to acquire India Cements
(26 Dec 2024)
Shares of Ultratech Cement rose by 0.21% to Rs 11448.45, while India Cements surged by 8.22% to Rs 366.85 on the BSE.
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N Srinivasan resigns as CEO, MD of India Cements post UltraTech acquisition
(25 Dec 2024)
Leading cement maker UltraTech has completed the acquisition of promoters a 32.72 per cent stake in India Cements Ltd, following which N...
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UltraTech Cement-India Cements Acquisition: Latest update on 3,954 cr deal of Aditya Birla Group company
(25 Dec 2024)
UltraTech Cement-India Cements Acquisition: This follows UltraTech's investment in June 2024, when it bought a 22.77 per cent stake at Rs...
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UltraTech takes 32.72% more in India Cements
(25 Dec 2024)
UltraTech Cement has increased its stake in India Cements to 55.49% by acquiring an additional 32.72% equity shares. The acquisition was carried out under...
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India Cements, UltraTech Cement shares jumped up to 11% today; here's why
(23 Dec 2024)
India Cements shares climbed 11 per cent to hit a high of Rs 376.30 on BSE. UltraTech Cement, on the other hand, rose 1.14 per cent to Rs...
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India Cements soars 11% as UltraTech Cement’s stake buyout gets CCI nod
(23 Dec 2024)
The deal involves a 32.72% promoter stake purchase and an open offer for an additional 26%, giving UltraTech nearly 59% ownership in India...
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India Cements share price surges 11% to 52-week high on CCI nod to UltraTech deal
(23 Dec 2024)
India Cements share price jumped 11% to reach a new 52-week peak during Monday's trading session after the announcement that the Competition...
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CCI approves UltraTech Cement Limited's acquisition of India Cements Limited
(21 Dec 2024)
Competition Commission of India (CCI) has approved UltraTech Cement Limited's acquisition of the India Cements Limited.
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UltraTech Cement gets CCI's approval to acquire majority stake in India Cements
(21 Dec 2024)
The fair trade regulator also granted its clearance to UltraTech Cement to acquire up to 26 per cent of the paid-up equity share capital of...
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CCI Approves UltraTech's Strategic Acquisition of India Cements
(21 Dec 2024)
The Competition Commission of India greenlights UltraTech Cement's acquisition plan, involving a significant stake in The India Cements...
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Competition Commission clears over Rs 7,000 cr UltraTech-India Cements deal
(21 Dec 2024)
The Adani group has plans in the works to raise its production capacity to 140 MTPA by FY28, just a shade below market leader UltraTech's...
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UltraTech Cement gets CCI's nod to acquire majority stake in India Cements
(20 Dec 2024)
New Delhi, Dec 20 (PTI) The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech.
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UltraTech Cement gets CCI's clearance to acquire majority stake in India Cements
(20 Dec 2024)
Competition Commission of India (CCI) has approved UltraTech Cement's acquisition of a majority stake in India Cements.
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UltraTech Cement-India Cements Acquisition: Latest CCI update on Rs 3,954 cr deal of Aditya Birla Group firm
(20 Dec 2024)
UltraTech Cement-India Cements Acquisition: Earlier, the UltraTech Cement's Board of Directors had approved acquiring a 32.72 per cent...
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CCI approves UltraTech Cement Limited’s acquisition of India Cements Limited
(20 Dec 2024)
Competition Commission of India (CCI) has approved UltraTech Cement Limited's acquisition of The India Cements Limited.
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CCI approves Ultratech Cement's acquisition of India Cements
(20 Dec 2024)
UltraTech Cement got approval to acquire India Cements. The deal expands UltraTech's presence in South India. UltraTech bought a 32.72%...
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India Cements Capital Reports Stable Q2 Performance, Strong Operating Cash Flow and Liquidity
(25 Nov 2024)
India Cements Capital, a microcap finance company, has recently announced its financial results for the quarter ending September 2024.
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India Cements Capital consolidated net profit declines 70.69% in the September 2024 quarter
(08 Nov 2024)
Net profit of India Cements Capital declined 70.69% to Rs 0.17 crore in the quarter ended September 2024 as against Rs 0.58 crore during the previous...
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India Cements Share price and Fundamental Analysis
(07 Oct 2024)
India Cements Ltd is the largest producer of cement in South India. The company has four plants in Tamil Nadu and four in Andhra Pradesh, India,...
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Volumes soar at India Cements Ltd counter
(16 Sep 2024)
India Cements Ltd clocked volume of 1.63 lakh shares by 10:35 IST on BSE, a 5.39 times surge over two-week average daily volume of 30176...
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UltraTech’s open offer to purchase equity in India Cements to open on September 19, close on October 3
(22 Aug 2024)
UltraTech Cement's open offer for the acquisition of up to 8,05,73273 paid up equity shares of India Cements Limited will open on September...
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Stocks Under F&O Ban: Aarti Industries, India Cements, Sun TV Network, and Others
(20 Aug 2024)
Under the futures and options (F&O) segment, sixteen stocks were banned from trade on Wednesday, 14 August, by the National Stock Exchange (NSE).
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UltraTechs Offer For India Cements Stake To Open On Sept. 19
(19 Aug 2024)
The company will be acquiring 8.05 crore shares representing 26% from public shareholders, with Axis Capital managing the open offer for...
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India Cements Capital consolidated net profit declines 38.60% in the June 2024 quarter
(09 Aug 2024)
Net profit of India Cements Capital declined 38.60% to Rs 0.35 crore in the quarter ended June 2024 as against Rs 0.57 crore during the previous quarter...
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India Cements Capital standalone net profit declines 48.21% in the June 2024 quarter
(09 Aug 2024)
Net profit of India Cements Capital declined 48.21% to Rs 0.29 crore in the quarter ended June 2024 as against Rs 0.56 crore during the previous quarter...
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Stock market today: Birlasoft, India Cements, RBL Bank among 8 stocks in F&O ban list on August 5 | Stock Market News
(05 Aug 2024)
Aditya Birla Capital Ltd, Birlasoft Ltd, Chambal Fertilisers and Chemicals Ltd, GNFC, Granules India, India Cements, IndiaMart, and RBL Bank...
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Your future is secure: Srinivasan to India Cements employees
(05 Aug 2024)
India Cements Vice-Chairman and Managing Director N Srinivasan on Monday said the decision to sell the firm to Ultratech Cement Limited was triggered by a slew...
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Ultra Tech acquires 32.72 pc stake in India Cements entities for Rs. 3,954 cr
(31 Jul 2024)
Uniindia: Chennai, July 28 (UNI) Ultra Tech Cement Limited of Aditya Birla Group, on Sunday acquired paid up equity shares from three...
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India Cements to remain listed entity, says UltraTech
(29 Jul 2024)
The ownership of the Indian Premier League (IPL) cricket team Chennai Super Kings (CSK), controlled by India Cements promoters N Srinivasan...
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India Cements shares surge 3% as UltraTech buys majority stake
(28 Jul 2024)
The share price of India Cements has more than doubled in less than two months to ₹385.50, from its 52-week low of ₹172.55 touched on June...
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Cement stock jumps after it announces to acquire additional 32.7% stake in India Cements
(28 Jul 2024)
The shares of this leading cement company jumped by 2.2 percent to an intraday high of Rs 11940 a piece from its previous close after the...
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UltraTech to acquire 32.72 % additional stake in India Cement for ₹3,954 crore
(28 Jul 2024)
After completing the ₹3954 crore deal, UltraTech's stake in India Cements Ltd (ICL) will reach over 55%, mandating an open offer as per Sebi...
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Ultratech buys out N Srinivasan and family stake in India Cements; gets majority stake in South cement ma
(26 Jul 2024)
India Business News: CHENNAI: Kumar Mangalam Birla controlled UltraTech Cement is acquiring 32.
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'Great Exit Opportunity' — What next for 2 lakh small shareholders of India Cements?
(08 Jul 2024)
Based on the March quarter shareholding pattern, India Cements had 1.99 lakh shareholders with nominal share capital of up to ₹2 lakh.
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India Cements denies rumours of Rs 500 cr funding talks with BofA, Nomura
(08 Jul 2024)
India Cements Funding: News report of funding talks emerged after UltraTech Cement announced its plans to acquire over 70 million shares in...
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UltraTech Cement To Acquire 23% Stake In India Cements For Over ₹1,900 Cr
(04 Jul 2024)
As per the block deal data on the BSE, UltraTech Cement bought a total of 7,05,64656, amounting to a 22.77 per cent stake in India Cements.
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India Cements stock hits 52-week high as UltraTech Cement to buy 23% stake
(04 Jul 2024)
India Cements stock rose 10% to Rs 289.20 on BSE. Market cap of the firm rose to Rs 8962.63 crore.
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Explained: Why did UltraTech Cement shares jump 6% today
(01 Jul 2024)
Shares of UltraTech Cement Limited saw a 6% increase in early trading on Thursday following its announcement of investment in The India...
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Why are India Cements shares skyrocketing today? — explained | Stock Market News
(30 Jun 2024)
Stock market today: India Cements shares have been on an uptrend for the last two straight sessions. After ending at ₹229.38 apiece on the...
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UltraTech Boosts Southern Footprint With 23 Per Cent Stake Acquisition In India Cements
(27 Jun 2024)
Aditya Birla Group firm UltraTech on Thursday (27 June) announced that its board has approved the acquisition of a nearly 23 per cent stake...
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India Cements Ltd leads gainers in 'A' group
(24 Jun 2024)
Shivalik Bimetal Controls Ltd, Hindustan Foods Ltd, CESC Ltd and Orient Cement Ltd are among the other gainers in the BSE's 'A' group today,...
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India Cements Capital standalone net profit declines 47.62% in the March 2024 quarter
(20 May 2024)
Sales rise 15.89% to Rs 1.24 crore. Net profit of India Cements Capital declined 47.62% to Rs 0.11 crore in the quarter ended March 2024 as...
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India Cements promoters increase share pledge as company finds itself in a tight spot | Company Business News
(31 Mar 2024)
Mumbai/Bengaluru: Promoters of India Cements Ltd have continued to borrow against their shares with the latest debt raised as recently as...
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India Cements Share Price
(28 Mar 2024)
India Cements Ltd Share Price, 23-07-2024: Get India Cements Ltd latest news on BSE/NSE stock price live updates, India Cements Ltd financial results and...
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India Cements Capital Share Price
(28 Mar 2024)
FAQs about India Cements Capital Ltd · The stock's PE is 31.41 · Price to book value ratio is 2.68 · Dividend yield of 0.00 · The EPS (trailing 12 months) of...
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India Cements plans to raise up to ₹750 cr via bonds
(28 Mar 2024)
The debt, which might be priced north of 15%, will be used to fund working capital and capital expenditure, said two sources aware of the...
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‘ED searches related to foreign exchange transactions’
(03 Feb 2024)
Chennai: India Cements has said that the searches by ED officials were in relation to an investigation into certain foreign exchange...
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Provided necessary clarifications to ED during searches: ICCL
(03 Feb 2024)
India Cements Capital Limited (ICCL), an associate company of cement manufacturer India Cements Ltd, has clarified to the Enforcement...
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ED conducts searches at India Cements
(02 Feb 2024)
The probe pertains to the affairs of Indian Cements' associate company India Cements Capital Ltd (ICCL) and transfer of funds abroad worth...
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India Cements says ED searches related to ‘normal course’ transactions
(02 Feb 2024)
India Cements clarifies that the recent search by Enforcement Directorate was related to forex transactions and necessary clarifications...
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ED inspects India Cements’ headquarters in Chennai
(01 Feb 2024)
Enforcement Directorate inspects Indian Cements' office for FEMA violation; company expects no significant impact from investigation.
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India Cements sees 'no material impact' of ED searches in FEMA probe
(01 Feb 2024)
Certain ED officials visited our corporate office in Chennai during Jan 31 and Feb 1 and conducted a search to find out if any...
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India Cements’ Shares Slipped Over Reports of ED Raid over FEMA Violations
(01 Feb 2024)
India Cements shares plunged after reports suggested that the Enforcement Directorate (ED) raided its offices in Chennai and Delhi.
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India Cements Q3 results: Company reports loss of about Rs 7 crore
(01 Feb 2024)
The India Cements Ltd on Thursday reported a consolidated net loss of Rs 6.58 crore for the third quarter ended December 2023.
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ED searches offices of Chennai-based India Cements Ltd in FEMA probe
(01 Feb 2024)
The Enforcement Directorate (ED) has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd. -- as part of a...
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ED searches India Cements offices in FEMA probe
(01 Feb 2024)
File Photo CHENNAI: The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India...
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ED conducting searches at India Cements Ltd offices in Fema probe
(01 Feb 2024)
The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd.-- as part of a foreign...
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India Cements to recall loans given to group firms to meet working capital needs
(02 Nov 2023)
In a bid to raise resources for its working capital requirements, The India Cements Ltd. (ICL) has decided to recall the advances it has...
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India Cements' loss mounts as company faces working capital crunch
(02 Nov 2023)
ICL's losses continued after the company's plans to raise working capital from selling land parcels didn't materialise. India Cements' loss...
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India Cements posts Rs 81.4 crore loss in Q2 FY24
(01 Nov 2023)
India Business News: CHENNAI: India Cements on Wednesday reported loss for the third consecutive quarter at Rs 81.