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India Cements Ltd. — Major Shareholding Notification 2024
Dec 24, 2024
63449_rns_2024-12-24_80ea1444-0396-4177-9dca-6769d8a3b083.pdf
Major Shareholding Notification
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SH/
24.12.2024
BSE Limited Corporate Relationship Dept. First Floor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers Dalal Street, Fort MUMBAI - 400 001.
National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No.C/1, G Block Bandra-Kurla Complex Bandra (E) MUMBAI 400 051.
Scrip Code: 530005
Scrip Code: INDIACEM
Dear Sirs,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This is further to our letter dated 20[th] December, 2024.
We now write to inform you that UltraTech Cement Limited (“Acquirer”/ “UltraTech”) has acquired 10,13,91,231 equity shares representing 32.72% of the equity share capital of the Company, in accordance with Regulation 22(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
UltraTech’s aggregate shareholding in the Company has increased to 17,19,55,887 equity shares representing 55.49% of the Company’s equity share capital including existing shareholding of 7,05,64,656 equity shares (22.77%).
Consequently, the Company has become a subsidiary of UltraTech with effect from 24[th] December, 2024.
You are requested to take this information on record.
Thanking you,
Yours faithfully, for THE INDIA CEMENTS LIMITED SWAMINATHA Digitally signed by SWAMINATHAN SRIDHARAN N SRIDHARAN Date: 2024.12.24 21:33:45 +05'30'
COMPANY SECRETARY
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Email:[email protected]