UltraTech Cement Limited

Baroda BNP Paribas Mutual Fund bought 22,081 shares of UltraTech Cement for ₹25.58 crore at ₹11,585 apiece in a block deal. Suresh Soni stepped down as CEO of Baroda BNP Paribas Mutual Fund on July 31, 2025.

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.

Joint venture between Bank of Baroda and BNP Paribas Asset Management, one of Europe's largest asset managers. Manages over Rs 50,000 crore. Formerly Baroda Pioneer and then Baroda BNP after the global BNP Paribas AM rebranding. Strong debt and fixed income franchise alongside growing equity offerings.