Tata Mutual Fund bought 30,211 shares of UltraTech Cement for ₹35.00 Cr at ₹11585.00 apiece in a block deal. A promoter group entity, Pilani Investment and Industries Corporation, was reportedly looking to sell approximately 1.7 million shares (0.57% stake) through a block deal around this time.
A leading cement manufacturer engaged in the production and distribution of cement and cement-related products across India and international markets. The company operates integrated cement plants equipped with modern technology and infrastructure to serve the construction, infrastructure, and industrial sectors. UltraTech maintains significant manufacturing capacity and operates an extensive distribution network across multiple regions to meet diverse customer requirements.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.