UltraTech to Divest 6.49% Stake in India Cements via Share Sale

BENGALURU, India - Aug. 21, 2025 - PRLog -- Market Pulse: Uptrend Under Pressure

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Key News & Earnings Updates (https://marketsmithindia.com/mstool/marketoutlook.jsp#/posts/pre-market-gift-nifty-indicates-positive-opening-ultratech-to-divest-6-49-stake-in-india-cements-via-share-sale)

Ultratech Cement approved selling up to 2.01 crore shares of India Cements, equal to a 6.49% stake.

Godrej Industries acquired a 7% stake in Godrej Skyline Developers (GSDL) for ₹9.25 lakh from existing shareholders.

Railtel Corporation Of India received two government work orders worth a total of ₹50.42 crore from agencies in Odisha and Kerala.

Exide Industries (Nse) infused ₹100 crore into its wholly-owned subsidiary, Exide Energy Solutions (EESL), through a rights issue.

Titan Company announced that P. B. Balaji has resigned as Non-Executive, Non-Independent Director, effective August 20.

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