Sebi rule: UltraTech must sell 7% in India Cements
UltraTech Cement’s acquisition of India Cements comes with the challenge of meeting SEBI’s minimum public shareholding requirements. To comply, they must divest 7% of their stake, amounting to ₹667 crore. With a recent open offer that garnered substantial investor enthusiasm, UltraTech has a deadline of February 2026 to ensure that at least 25% of the shares are publicly owned.
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